Vice President Ma'ruf Amin Affirms Government Supports Chinese Investment In Indonesia

Vice President Ma'ruf Amin met with businessmen in China's food, fisheries and logistics sectors in Fuzhou, Fujian Province, China on Friday (15/9/2023). (ANTARA)

Vice President Ma'ruf Amin emphasized that the Indonesian government is committed to facilitating investment in Chinese entrepreneurs in various industrial areas in Indonesia.

"The Indonesian government is committed to encouraging internal coordination for the smooth facilitation of investment by Chinese companies through the establishment of a cross-ministerial work group and a special institution for TCTP (Two Countries Twin Parks)," said Ma'ruf Amin, quoted by ANTARA, Friday, September 15.

Ma'ruf conveyed this in front of 10 CEOs and General Managers of the food sector business, especially fisheries and marine products from Fujian, Tianjin and Shanghai.

"I appreciate a number of cooperation projects between Indonesia and China in the cooperation corridor of 'Two Countries Twin Parks' that have gone well," added Ma'ruf.

The Indonesia-China TCTP was agreed on January 12, 2021, between the Coordinating Ministry for Maritime Affairs and Investment and the Chinese government to encourage investment cooperation in the industrial area that has been agreed upon, namely the Yuanhong Investment Zone in the PRC and industrial estates in Bintan (Bintan Industrial Estate), Semarang (Aviarna Industrial Estate), and Batang (Batang Industrial Estate) in Indonesia.

"These various cooperation projects need to be expanded in various potential sectors that are mutually beneficial between the two parties," he added.

The Vice President hopes that the expansion of the cooperation will also cover the halal industry sector.

"The market share of global halal products and between the two countries has the potential to be optimized in order to strengthen economic cooperation in the future," continued Ma'ruf.

He welcomed the desire of halal business people in China to invest and develop a halal business with Indonesia.

During the signing of the agreement, Coordinating Minister for Maritime Affairs and Investment Luhut Binsar Panjaitan said TCTP was initiated with the intention of promoting the synergy between the visions of the development of the priorities of the two countries, namely the 'World Maritime Axis' from Indonesia and the "Burch and Road Order" from China.

During the 2018-2022 period, the value of Chinese investment in Indonesia reached 23.35 billion US dollars which were embedded in more than 12,200 projects. TCTP is expected to continue to increase Chinese investment in Indonesia, especially the industrial sector.

TCTP Indonesia-China in China is located in Fuqing, Fujian Province, southeast China.

Based on TCTP's cooperation plan, there are 36 investment projects in Fuqing with an investment value of 19.8 billion yuan.

During the meeting, Ma'ruf was accompanied by Ambassador Extraordinary and Plenipotentiary for the People's Republic of China and Mongolia Djauhari Oratmangun, Head of the Secretariat of Vice President Ahmad Erani Yustika, Deputy for Economic Policy Support and Increasing Competitiveness Guntur Iman Nefianto, Special Staff to the Vice President for Bureaucratic Reform M Nasir, and Consul General of the Republic of Indonesia Guangzhou Ben Perkasa Drajat.

Meanwhile, from the Chinese side, the Deputy Governor of Fujian Province Wang Xingxang, Director of Yuanhong Investment Zone Shijie You, Director of the Investment Promotion Center for the Indonesian Twin Industry Area-China Cui Ren Jie, CEO of Yuguan Food Shi Min, President Commissioner Seneheld (Fuqing) Food Lin Xin, CEO of Yuguan Food Weng Senlin.

In addition, Yushuo Food CEO Zhang Xu, President of Tian Ma Technology Yang Guanglin, President of Health and Medical Exchange Committee Zhu Yaofen, Chairman of Shanghai Yucui Food Trading Chen Xiong, and GM Fujian Zhengguan Fishery Development.