PM's visit to Indonesia launches $10 billion investment program

The Minister of Investment and Chairman of the Investment Coordination Committee noted that Premier Li Qiang's visit was not just ceremonial, but also brought with it tangible prospects for cooperation. The $10 billion in investment projects previously agreed upon by the two countries had been launched, covering a number of strategic areas.In addition to projects already under way, the visit opened up new opportunities for cooperation between Indonesia and China in areas such as transportation, cluster development, mineral downstreaming and chemicals. These new projects are cross-sectoral in nature, involving collaboration between private enterprises, state-owned enterprises and foreign partners. The Government of Indonesia emphasized that it would continue to expand economic cooperation with China in order to strengthen the resilience of its industries and accelerate the downstreaming of natural resources. Responding to questions related to foreign policy, he said that Indonesia's main focus was on deepening its bilateral partnership with China for mutual benefit.