ASIATODAY.ID, RIYADH – Interest from Saudi investors in Indonesia’s mining sector continues to grow.
During the Indonesia–Saudi Arabia Business, Investment Forum and Trade Promotion held at the Indonesian Embassy in Riyadh on October 7, 2025, several Saudi business leaders expressed strong interest in coal mining projects in Kalimantan, alongside opportunities in waste management, agriculture, and poultry farming.
The event, jointly organized by the Indonesian Embassy in Riyadh and Bank Indonesia, aimed to strengthen bilateral cooperation in trade, investment, and banking between Indonesia and Saudi Arabia. It brought together government officials, business representatives, and members of KADIN Riyadh and Hafr Al Bathin, as well as importers of Indonesian products based in the Kingdom.
Indonesia’s Ambassador to Saudi Arabia, Dr. Abdul Aziz Ahmad, reaffirmed the Indonesian government’s strong commitment to improving the investment climate through regulatory simplification, infrastructure development, and enhanced partnerships between private sectors of both nations.
During the discussion session, Nova Herlangga, Head of IIPC Abu Dhabi, presented Indonesia’s investment potential. Three Indonesian project owners also showcased major investment opportunities, including the Ancol Barat development project in Jakarta, Balikpapan Waste Management, and copper processing industry projects in East Java.
Participants from both sides shared valuable insights, emphasizing the need for wider dissemination of information regarding Saudi regulations—such as the SABER system and Halal Certification—as well as the importance of stronger banking collaboration, increased direct flight connections, and clearer guidance on Indonesia’s investment framework.
As part of the event, the Embassy also hosted the Indonesian MSME Product Exhibition on October 6–7, 2025, featuring 17 booths showcasing food, beverages, and apparel from Bank Indonesia–assisted small and medium enterprises. The exhibition attracted Saudi entrepreneurs, members of the diplomatic community, and the general public in Riyadh.
On the sidelines, the Bank Indonesia delegation held meetings with the Saudi National Bank (SNB) and Banque Saudi Fransi (BSF) to discuss technical cooperation on banking and cross-border payment systems.
This series of events underscored the strong commitment of Indonesia and Saudi Arabia to deepen economic and investment cooperation, while opening new avenues for mutually beneficial partnerships in key sectors.
The forum, exhibition, and bilateral meetings highlight how continuous dialogue and information exchange form the strategic foundation for sustainable economic relations between the two nations. (AT Network)
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