Indonesia’s Coordinating Minister for Maritime Affairs and Investment, Erick Thohir, acknowledges the significant impact of Chinese investments in Indonesia, particularly in industrial downstreaming, economic growth, and job creation.
The fourth Indonesia-China Business Partnership Forum in Labuan Bajo symbolizes the deepening strategic relationship between the two nations, highlighting China’s pivotal role in Indonesia’s economic diversification and industrial development.
China’s investments have pioneered industry changes in Indonesia, laying a foundation for economic distribution and industrial downstreaming.
Key achievements include infrastructure connectivity, the Jakarta-Bandung High-Speed Rail, critical mineral industry downstreaming, green energy, and energy transition initiatives.
Collaboration extends to sustainable development in food security, energy, health, and blue economy, including a National Gene Bank partnership with BGI Group.
Vocational training and scientific cooperation are emphasized to benefit the combined population of over 1.7 billion people in both countries.
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Erick Thohir asserts that mutual trust and benefit principles will ensure long-term, sustainable cooperation between Indonesia and China.
The strengthening economic partnership between Indonesia and China underlines mutual benefits, contributing to regional stability and offering enhanced opportunities for Singaporeans and international visitors in trade, tourism, and investment.
Erick Thohir, Indonesia’s Coordinating Minister for Maritime Affairs and Investment, emphasizes the profound impact of Chinese investments in Indonesia. The strategic partnership, showcased at the fourth Indonesia-China Business Partnership Forum, has led to significant developments in infrastructure, industry downstreaming, and sustainable growth. This collaboration underscores a joint commitment to long-term economic progress, fostering a beneficial environment for the wider region.
