Jokowi Claims There Are 29 Singapore Companies Ready To Invest In IKN

JAKARTA - President Joko Widodo (Jokowi) claims 29 Singaporean companies are enthusiastic about investing in the development of the capital city of Nusantara (IKN) in East Kalimantan (Kaltim).

"And I hope for support for PLTS development in IKN," said President Jokowi during a press conference with Singaporean Prime Minister Lee Hsien Loong after the two leaders held a meeting at the Bogor Palace, Monday.

In the format of the retreat, Jokowi offered Singapore several investment opportunities, including for textile manufacturing in Kendal Industrial Park as well as the construction of a data center at Nongsa Digital Park, Batam.

"The electricity export plan to Singapore continues to be encouraged, including investment in supporting green industries," he said.

Regarding food security, Indonesia and Singapore agreed to encourage cooperation in technology transfer and the exchange of food processing IPTEK.

Indonesia also invited Singapore to develop three halal product industrial areas, namely in Bintan, Serang, and Sidoarjo.

In the socio-cultural field, President Jokowi and PM Lee discussed strengthening health transformation through investment in hospital and clinical development, developing the capacity of medical personnel, digitizing health, and developing health SEZs in Bali.

When discussing regional and global issues, the two leaders agreed to continue to encourage the creation of peace in the Middle East and continue to strengthen ASEAN's centrality.

The seventh retreat is the last time for both Jokowi and Lee before their reign ends this year.

"This is a strong signal for the continuity of cooperation between the two countries, Singapore and Indonesia," said Jokowi.

The two leaders also welcomed the enactment of the Airspace Service Adjustment agreement (FIR), defense, and extradition - which in the future needs to be ensured that the implementation runs fully.

During the retreat, President Jokowi and PM Lee witnessed the signing of two memorandums of understanding of cooperation by ministers related to the two countries, namely in the field of community empowerment in the mangrove ecosystem and the defense sector.