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| Saturday, 19 August 2017 |
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41 Singaporean Firms to Operate in Indonesia
President Joko Widodo or Jokowi (second from right) welcomes Singaporean Deputy Prime Minister Teo Chee Hean and a number of delegations at the State Palace in Jakarta on August 11, 2017. ANTARA FOTO
Saturday, 12 August, 2017 | 01:30 WIB
41 Singaporean Firms to Operate in Indonesia

TEMPO.CO, Jakarta - President Joko Widodo held a meeting with Singapore's Deputy Prime Minister Teo Chee Hean at the Presidential Palace today, August 11. In a meeting that lasted less than an hour, the two sides committed to strengthen bilateral ties in the economic sector.

The Foreign Affairs Deputy Minister Abdurrahman Mohammad Fachir said there are currently 30 Singaporean companies investing in Indonesia. So far, their operation has absorbed some 1,700 workers.

Read: Singapore Remains Largest Investor in Indonesia: BKPM

Looking ahead, said Fachir, there are 41 Singaporean firms that are interested to operate in Indonesia.

"If the (41 companies) operate here, they will provide jobs for some 4,000 workers," he said here on Friday. 

In addition to the investment plan, President Jokowi and Vice PM Teo Chee Hean discussed two other issues; digital economy and infrastructure. For the infrastructure sector, the government is interested in expanding regional development.


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