• About Us
  • Editorial Team
  • Cyber ​​Media Guidelines
  • Karir
  • Kontak
Monday, June 22, 2026
AsiaToday.id
  • HOME
  • NEWS
  • BUSINESS
  • GREEN ENERGY
  • TRAVEL
  • EVENT
  • SCIENCE & ENVIRONMENT
  • CORPORATION
  • FORUM
No Result
View All Result
  • HOME
  • NEWS
  • BUSINESS
  • GREEN ENERGY
  • TRAVEL
  • EVENT
  • SCIENCE & ENVIRONMENT
  • CORPORATION
  • FORUM
No Result
View All Result
AsiaToday.id
No Result
View All Result
Home Business

Indonesia Asks Saudi Arabia to Increase Investment, When will Aramco Enter?

1.4 Million Indonesians Perform Hajj and Umrah in Saudi Arabia Every Year

by Editor Asiatoday
July 31, 2024
in Business
Reading Time: 2 mins read
A A
0
Indonesia Asks Saudi Arabia to Increase Investment, When will Aramco Enter?

Riyadh City, Saudi Arabia. Doc

ASIATODAY.ID, JAKARTA – The Indonesian government appreciates Saudi Arabia for having established very good relations, especially in organizing the Hajj and Umrah.

The reason is, the number of Indonesians who carry out the Hajj and Umrah every year is very large.

Indonesia’s Coordinating Minister for the Economy, Airlangga Hartarto, encouraged Saudi Arabia to invest more in Indonesia.

RelatedPosts

Indonesia’s $2.5 Billion Nickel Bet Faces Global ESG Test as Investment Boom Accelerates

Trois Films and South Korea’s JJan E&M Forge Strategic Partnership in Film Industry

Indonesia–Germany Set to Accelerate Economic and Industrial Alliance

“There are around 1.4 million Indonesians who carry out the Hajj and Umrah every year. If the average spending is only US$5 thousand, the foreign exchange will be US$7 billion. “Because of that, Saudi Arabia also needs greater investment in Indonesia,” said Airlangga when meeting Saudi Arabia’s Ambassador to Indonesia Faisal bin Abdullah Al-Amudi, on Monday, July 29 2024.

Ambassador Faisal said that apart from cooperation in carrying out the Hajj and Umrah pilgrimages which have gone well every year, the two countries need to focus more on cooperation in the economic and investment fields.

Ambassador Faisal also said that in 2023 President Joko Widodo visited Saudi Arabia twice and in October 2023 met with the Prime Minister of the Kingdom of Saudi Arabia Mohammed bin Salman Al-Saud in Riyadh which was followed by the signing of a number of memorandums of understanding between the Government of the Republic and the Kingdom Saudi Arabia.

“Saudi Arabia has a Vision 2030, and Indonesia also has a future vision of a Golden Indonesia 2045, so new ideas are needed to strengthen Indonesia’s economic cooperation relationship with Saudi Arabia,” said Ambassador Faisal.

Ambassador Faisal also reiterated the need to encourage the private sector to continue cooperation and investment, such as Aramco and Acwa Power, which can be encouraged to invest and work on various projects in Indonesia.

Ambassador Faisal also said that Aramco already exists in Singapore, Malaysia and Thailand, but in Indonesia there is still no visible investment.

Responding to this, Minister Airlangga said that a minimum of 15 hectares of land had been prepared in Batam so that a mosque and Islamic center could immediately be built which could become iconic monuments.

To realize this plan, Ambassador Faisal plans to immediately visit Batam to see the land provided and at the same time see development developments and the potential for economic cooperation in Batam.

“Land has been prepared in Batam, a mosque and Islamic center and an iconic monument can immediately be built,” said Airlangga.

Not only that, Minister Airlangga also conveyed a proposal from the Elected Indonesian President Prabowo Subianto regarding the development of an Indonesian Village in Mecca.

Ambassador Faisal responded positively to the proposal and said that the Government of the Kingdom of Saudi Arabia was very confident that relations between Indonesia and Saudi Arabia would be even stronger in the future. Ambassador Faisal also admitted that this proposal had also been discussed at a meeting between the President-Elect and the Government of the Kingdom of Saudi Arabia. (AT Network)

Follow Us at Google News and WA Channel

Tags: AramcoAsia InvestIndonesia-Saudi Arabia Business CouncilSaudi Aramco
No Result
View All Result

Terbaru

  • Indonesia Outpaces G20 and ASEAN as Finance Minister Touts Fiscal Strength in China
  • ADB Warns It Risks Losing Relevance in Emerging Asia’s Richer Economies
  • Indonesia, Switzerland and UNDP Launch Next Phase of Sustainable Landscape Transformation
  • Indonesia’s $2.5 Billion Nickel Bet Faces Global ESG Test as Investment Boom Accelerates
  • Mitsubishi Power and LNGPH Sign Long-Term Deal for Gas Turbine
  • About Us
  • Editorial Team
  • Cyber ​​Media Guidelines
  • Karir
  • Kontak

© 2022 Asiatoday.id - Asiatoday Network.

Welcome Back!

OR

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • HOME
  • NEWS
  • BUSINESS
  • GREEN ENERGY
  • TRAVEL
  • EVENT
  • SCIENCE & ENVIRONMENT
  • CORPORATION
  • FORUM

© 2022 Asiatoday.id - Asiatoday Network.