ASIATODAY.ID, SINGAPORE – Minister of Investment/Head of the Indonesian Investment Coordinating Board, Rosan Roeslani, paid a visit to Singapore and is scheduled to meet Singapore Prime Minister (PM) Lawrence Wong.
During this visit, he hopes that Singapore’s investment in Indonesia can increase above US$63.17 billion. This figure is based on Singapore’s total investment for the 2019-June 2024 period which reached US$63.17 billion or the equivalent of 29.8% of total Foreign Direct Investment (PMA) in Indonesia.
“The government’s priorities for the future are the natural resource downstream sector, clean energy, health and human resource development,” said Rosan at a meeting to strengthen cooperative relations between Indonesia and Singapore, especially in the economic sector and sustainable investment, in Singapore, Monday, August 26 2024.
Rosan explained that the focus of the new government under the leadership of Prabowo Subianto would be to continue the programs of President Jokowi’s current leadership.
“We continue to improve the investment climate in Indonesia through the regulations and incentives offered. “We want to hear directly what the main concerns of entrepreneurs in Singapore are when investing in Indonesia,” said Rosan.
Meeting with the Prime Minister of Singapore
Investment Minister Rosan Roeslani is scheduled to meet with Singapore Prime Minister Lawrence Wong to discuss increasing investment and collaboration in the key sectors that have been discussed, including downstream natural resources, clean energy and development. human Resources. This meeting will also focus on concrete steps to strengthen bilateral cooperation and encourage strategic investment projects.
The Minister of Manpower who is also Singapore’s Second Minister for Trade and Industry, Tan See Leng, welcomed the visit of the Indonesian Minister of Investment to strengthen cooperative relations between Indonesia and Singapore.
“We encourage many sectors of cooperation with Indonesia, including natural gas business and investment in tankers and bunkers,” said Tan See Leng.
Indonesia and Singapore, he said, also need to further discuss the challenges in implementing Carbon Capture Storage and the Carbon Market, which are relatively new in Indonesia. The aim is to encourage accelerated cooperation in this field.
“Apart from that, we also strongly agree with the nutrition improvement program for the Indonesian people,” added Tan See Leng.
Meeting with Several Entrepreneurs
On the same day, Minister Rosan held a meeting with several leaders of leading companies from Singapore.
First, a meeting with the SP Group to discuss cross-border electricity network investment.
Second, a meeting with SingTel to discuss investment in the infrastructure, data center and telecommunications sectors.
Third, a meeting with Sembcorp to discuss investment in the Solar Power Plant project in the Indonesian capital, the Kendal industrial area (Sembcorp Urban), and telecommunications infrastructure in Batam.
Fourth, a meeting with ST Telemedia Global Data Center (STT GDC) to discuss investment plans in the data center sector.
The first day’s working visit to Singapore closed with a meeting between the Minister of Investment and the Singapore Business Federation. The agenda for Minister Rosan’s working visit to Singapore will last for three days from 26 to 28 August. (AT Network)
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