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Finance Minister Lawrence Wong is in Indonesia from Might 17 to twenty to reaffirm the 2 international locations’ sturdy bilateral relations and focus on new areas of progress.
One of many gadgets on the agenda is the development of a port in Kendal, positioned within the province of Central Java.
In a Fb submit on Might 18, Coordinating Minister for Financial Affairs Airlangga Hartarto mentioned that they’d mentioned cooperation within the Kendal Port growth.
He additional mentioned it’s “simple” that each international locations are “the important thing to financial progress” within the Asean area.
In keeping with Indonesian information website Merdeka, quoting Antara, Airlangga mentioned the development of a brand new port can hopefully facilitate the Kendal (SEZ) Particular Financial Zone and KIT Batang (Built-in Industrial Property), as a substitute of constructing two new ports in every space.
Precedence challenge for central authorities
Talking to reporters after the welcome ceremony organised for Wong by the native Kendal authorities, Dico Ganinduto, the regent of Kendal, mentioned the challenge has been prioritised by the central authorities as one of many key initiatives the nation is dealing with, Lianhe Zaobao reported.
He added that they’re at present within the strategy of deciding which Indonesia agency is appropriate for the challenge with Singapore.
As well as, Wong mentioned that the brand new port might be outfitted with fashionable services and know-how to additional help financial actions, in response to Merdeka.
The rise of logistics and delivery prices are one of many elements that affect competitiveness, and the enterprises at Kendal SEZ hope to export to the remainder of the world.
Subsequently, they see “the demand for a port there”, he mentioned, including that they hope the situation of the port might be decided within the close to future.
“Singapore, in fact, needs to do its half in supporting this essential challenge, in order to learn the Kendal SEZ, the Kendal regency, in addition to the whole Central Java area.”
Met with a number of Indonesian ministers
Taking to Fb to write down about his conferences with Airlangga and a number of other different Indonesian ministers, Wong mentioned he and Airlangga mentioned methods to advance financial cooperation in Kendal Industrial Park and the Riau Islands of Batam, Bintan and Karimun.
Throughout his journey, he additionally met with Coordinating Minister for Maritime Affairs and Funding Luhut Binsar Pandjaitan, and the 2 mentioned alternatives to step up mutual cooperation, together with in areas akin to local weather change and sustainability.
In his assembly with Minister of Tourism and Artistic Financial system Sandiaga Salahuddin Uno, they spoke about alternatives to deepen cooperation whereas wanting ahead to thrilling partnerships in new areas, akin to sustainable tourism and artistic trade.
Wong had additionally met Indonesia’s Defence Minister Prabowo Subianto, and the 2 spoke about “the shut and long-standing relations” between defence institutions in each international locations.
In one other Fb submit, Wong mentioned this was his first go to to Indonesia as finance minister.
The 2 international locations mark 55 years of diplomatic relations this 12 months.
Describing the Southeast Asian nation as a detailed neighbour of Singapore and an essential accomplice, Wong mentioned each international locations have labored with one another for a few years, and bilateral cooperation is deep and multifaceted within the financial, safety, and people-to-people spheres.
In keeping with an announcement from the Ministry of Finance, Wong can even be assembly key enterprise leaders and Singapore start-ups in Indonesia.
High picture by way of Airlangga Hartarto/Fb
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