Jokowi Lured Arab Investors to Invest in Indonesia

Arif Wicaksono    •    14 September 2015 14:37 WIB
indonesia-saudi arabia
Jokowi Lured Arab Investors to Invest in Indonesia
President Joko Widodo at Business.Forum in Jeddah, Saudi Arabia, September 12, 2015 (Photo: Setkab), Jakarta: President Jokowi conveyed the results of his meeting with the Saudi Arabian King, Salman bin Abdulaziz Al Saud, at the Al Salam Diwam Maliki Palace, Jeddah, Saturday (12/9).

The meeting was also continued with a meeting between several Arabian officials, among others the member of the Cabinet Muhamad Ali Seikh, Minister of Finance of the Saudi Arabian Kingdom, Minister of Foreign Affairs, as well as the Employment Minister concurring as the Economic Ministry.

"We have agreed to increase more cooperations in the field of economy, investments and trade," President Jokowi said as he addressed the Business Forum held in Crown Plaza Hotel, Jeddah, Saudi Arabia, Saturday afternoon (9/12) local time as quoted from the Secretary of the Cabinet webpage.

According to President Jokowi, the agreement was to be followed up by the meeting with ministers from the Saudi Arabian Kingdom or ministers from Indonesia. Meaning, Jokowi continued, Saudi Arabia and Indonesia are definitely serious in enhancing the cooperation in the investment field, as well as economy.

"Communication will be continued to implement everything that has been agreed on," he affirmed.

As the world's largest muslim country with 252 million people and more than 17,000 islands, the president stated that Indonesia is a potential country for investments from the gulf nations. President admitted that the first country he visited was Saudi, as he believes that both Saudi and Indonesia are very close relatives.

"As fellow muslim, we believe this economic relation is definitely going to increase within such a short period of time," he mentioned.

In the occasion, president Jokowi conveyed the government's concentration in building infrastructures such as 24 seaports, 15 new airports,1,000 kilometers highway, 2,650 km of inter-province highway, 49 dams, as well as the construction of 35,000 MW power plants. This also include mass transport developments in 3 major cities.

Therefore, President Jokowi invited investors, especially from the nation's closest relative, Saudi Arabia.

Attending the meeting were Coordinating Minister Darmin Nasution, Head of Indonesian Investment Board Franky Sibarani, Minister of Trade Thomas Lembong, Secretary of the Cabinet Pramono Anung, Foreign Minister Retno Marsudi, as well as Minister of Energy and Minister of Energy and Mineral Resources, Sudirman Said.