President Encourages Vietnamese Entrepreneurs to Invest in IKN

Speaking at the Melia Hotel in Hanoi, Vietnam, on Saturday (13/1/24,) President Jokowi invited Vietnamese entrepreneurs to invest in Indonesia’s new capital city, Nusantara (IKN) according to reporting from Tempo.

Vietnamese Prime Minister Pham Minh Chinh also attended the meeting.

“I invite Vietnamese entrepreneurs to invest in IKN Nusantara according to the expertise of each company,” he noted, as quoted from a press statement issued by his press bureau on Saturday.

The president also encouraged Indonesia and Vietnam to strengthen bilateral collaboration to realize their vision of becoming high-income countries by 2045, says Tempo.

“We have the same vision to become high-income countries by 2045. To achieve that, we must strengthen collaboration, including in the business sector,” he said.

On that occasion, President Jokowi highlighted that Indonesia has large carbon exchange potential, reaching more than USD 200-billion, with a carbon market launched in 2023, according to Tempo.

Regarding VinFast’s investment in Indonesia in the electric car industry, he expressed optimism that the production target in 2026 would be achieved soon. He also called on the company to collaborate with Indonesian entrepreneurs.

According to Tempo, with regard to development plans for airport and tourism-related infrastructure facilities, Jokowi expressed hope that Indonesia’s cooperation with the Vietnamese company Sovico Group would be started soon, as well as requesting VietJet Airlines to add more flights to several super-priority destinations in Indonesia, such as Labuan Bajo, Mandalika, Likupang, Lake Toba, and Borobudur.

Minister of Foreign Affairs Retno Marsudi, State-Owned Enterprises (SOEs) Minister Erick Thohir, Industry Minister Agus Gumiwang Kartasasmita, Minister of Maritime Affairs and Fisheries Sakti Wahyu Trenggono, Chief of the Presidential Staff Office Moeldoko, Member of the Presidential Advisory Council Gandi Sulistiyanto, and Indonesian Ambassador to Vietnam Denny Abdi also accompanied Jokowi at the meeting.

 

Source: Tempo

Stock photo BPMI Setpres/ Rusman

The post President Encourages Vietnamese Entrepreneurs to Invest in IKN appeared first on Invest Indonesia.

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