ASIATODAY.ID, JAKARTA – Financial Secretary of the Hong Kong Special Administrative Region (HKSAR) Paul Chan met with the Coordinating Minister for the Indonesian Economy, Airlangga Hartarto, in Jakarta, on Wednesday, January 8 2025.
During the meeting, Secretary Paul Chan said that Hong Kong could be a potential partner for developing supply chain services in Indonesia. As one of the largest providers of financial services in Asia, Hong Kong sees significant potential for cooperation with Indonesia, especially in the financial sector.
Minister Airlangga welcomed the investment plans and financing cooperation offered by Hong Kong in building supply chain facilities and other infrastructure projects.
Airlangga also encouraged business people from Hong Kong to dig deeper into various investment opportunities in Indonesia.
“The Indonesian government provides various fiscal incentives such as Tax Holiday, Tax Allowance, Investment Allowance, and Super Deduction Tax. “The various conveniences provided enable business entities from Indonesia and Hong Kong to access a wider market and increase business efficiency,” said Airlangga.
The meeting between the two ministers also discussed global economic conditions which are currently warming. Airlangga and Paul Chan discussed global economic uncertainty caused by the geopolitical situation which is a challenge for all countries.
Secretary Paul Chan praised Indonesia’s economic condition which remains strong and the market continues to grow despite all the difficulties currently hitting the world.
“Indonesia has a conducive business environment and a surplus of young population which can be the main factor that will strengthen investment cooperation,” said Paul Chan.
At the end of the conversation, Airlangga also said that there were several other potential cooperation sectors that could be explored by Hong Kong investors, such as renewable energy and greenfield.
Indonesia also offers various promising collaborations with significant growth potential, such as Special Economic Zones, with focus areas such as industry, tourism, manufacturing and digital. (AT Network)
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