President Prabowo officially announced Indonesia's membership in the New Development Bank (NDB). He made this decision during a meeting with NDB President Dilma Vana Rousseff in Jakarta, marking a strategic move to strengthen development partnerships with developing countries and multilateral institutions. Dilma stated she has received a list of 77 projects Indonesia wishes to complete and pledged to provide assistance. She believes Indonesia has clear medium- and long-term strategies and project lists, with mutual interests in infrastructure, logistics, railways, roads, ports, airports, digital connectivity, and also expressed interest in Indonesia's energy transition plan, praising Indonesia's achievements in biofuels, such as a 40% biodiesel blend ratio, far surpassing Brazil's 17%. The NDB is also interested in investing in science, education, technology, and innovation to create opportunities and quality jobs for national development. Dilma thanked Prabowo and stated that BRICS and Indonesia share common interests. Although Indonesia also participates in cooperation with other multilateral development banks, the eight NDB member countries are very happy about Indonesia's accession.
President Prabowo officially announced Indonesia's membership in the New Development Bank (NDB). He made this decision during a meeting with NDB President Dilma Vana Rousseff in Jakarta, marking a strategic move to strengthen development partnerships with developing countries and multilateral institutions. Dilma stated she has received a list of 77 projects Indonesia wishes to complete and pledged to provide assistance. She believes Indonesia has clear medium- and long-term strategies and project lists, with mutual interests in infrastructure, logistics, railways, roads, ports, airports, digital connectivity, and also expressed interest in Indonesia's energy transition plan, praising Indonesia's achievements in biofuels, such as a 40% biodiesel blend ratio, far surpassing Brazil's 17%. The NDB is also interested in investing in science, education, technology, and innovation to create opportunities and quality jobs for national development. Dilma thanked Prabowo and stated that BRICS and Indonesia share common interests. Although Indonesia also participates in cooperation with other multilateral development banks, the eight NDB member countries are very happy about Indonesia's accession.