Indonesia's Investment Minister to Meet Singapore PM Lawrence Wong to Discuss Investment Potential
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27 August 2024 13:12 WIB
TEMPO.CO, Jakarta - Indonesia's Minister of Investment Rosan Roeslani targeted investment from Singapore to surpass the 2019-June 2024 achievement of US$63.17. Rosan is slated to meet Singaporean PM Lawrence Wong in Singapore to discuss investment matters.
Rosan and the Singaporean leader will focus the meeting on concrete steps to boost bilateral cooperation and push for strategic investment projects.
"The government's priorities going forward are the natural resource downstream sector, clean energy, health, and human resource development," said Rosan in Singapore, on Monday, August 26, 2024, quoted from the press release of the Ministry of Investment.
According to Rosan, President-elect Prabowo Subianto’s main focus is to continue President Joko Widodo’s projects. He said he headed to Singapore to hear directly the concerns from Singaporean business executives regarding investment in Indonesia.
"We strive to improve the investment climate in Indonesia through regulations and incentives offered," said Rosan.
In addition to meeting the Prime Minister, Rosan met several business executives in Singapore, including SP Group to discuss investment in state electricity. Rosan also met with SingTel to discuss investment in the infrastructure, data center, and telecommunications sectors.
In addition, Rosan met Sembcorp to discuss investment in the Solar Power Plant (PLTS) project in Nusantara Capital City (IKN), the Kendal industrial zone (Sembcorp Urban), and telecommunications infrastructure in Batam. The minister also met with ST Telemedia Global Data Center (STT GDC) to discuss data center investment plans.
The Minister of Manpower and Singapore's Second Minister for Trade and Industry, Tan See Leng, said that his side encouraged cooperation with Indonesia, including natural gas business and investment in tankers and bunkers.
Tan See Leng also said Indonesia and Singapore must further discuss the challenges in Carbon Capture Storage and Carbon Market’s relatively new implementation in Indonesia. This was intended to accelerate carbon cooperation between both countries.
RIRI RAHAYU
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