JAKARTA - South Korean businessmen are increasingly showing their interest in investing in Indonesia. Among the existing industries, the automotive, steel, and chemical sectors are some of the choices for the Ginseng State businessmen.
The information was obtained when Minister of Finance Sri Mulyani held a bilateral meeting with Deputy Prime Minister of the Republic of Korea Choo Kyung-ho, Friday, July 15.
During the meeting, Sri Mulyani welcomed South Korea's interest. He added that the planned transformation of the energy sector and cleaner manufacturing (green energy and green industry) would widen the opportunities for collaboration in these fields.
"The potential for economic cooperation is still wide open, for example, Indonesia is currently carrying out a green energy transformation which also provides great opportunities for South Korean companies - especially in the manufacturing sector such as the electric car industry," Sri Mulyani explained in her statement, quoted on Sunday, July 17.
Sri Mulyani also thanked Korea for supporting the Indonesian Presidency, while congratulating the new Korean government. Sri Mulyani believes that this can open up many opportunities for stronger bilateral cooperation.
“Not only business-to-business, Indonesia and Korea also have close people-to-people relations. One of them is through K-pop culture, which is very popular in Indonesia, so that Korea has a good image in the eyes of the Indonesian population," he concluded.
During the meeting, Choo appreciated Indonesia's leadership as the G20 Presidency for being able to maintain the integrity of the G20 in the midst of unresolved political tensions. Choo also appreciated the Indonesian Presidency for being able to achieve achievements from the Finance Track agenda.
One of them is the establishment of a Financial Intermediary Fund (FIF).
"The various global risks that haunt the world should not be exacerbated by the trend of protectionism from some countries," said Choo.
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