Indonesia, China sign two MoUs on infrastructure development

Bogor, W Java (ANTARA News) – Indonesia and China have signed two Memorandums of Understanding (MoUs) on cooperation in infrastructure development during Chinese Prime Minister Li Keqiangs visit in Indonesia on Monday.

Indonesian Coordinating Minister for Maritime Affairs, Luhut Binsar Panjaitan, and his Chinese counterpart from the Chinese National Reform and Development Commission signed a MoU on the promotion of cooperation in the development of regional comprehensive economic corridors at the Bogor Presidential Palace in the presence of President Joko Widodo (Jokowi) and Prime Minister Li Keqiang.

The economic corridors will be developed in a number of provinces, including North Sumatra, North Kalimantan, North Sulawesi, and Bali.

In a joint press statement by Jokowi and Li, the Chinese government revealed its plans to send a team of experts to study a proposal to develop economic corridors in four provinces, particularly in relation to the development of ports and fish processing industries.

During Lis visit, Indonesian Minister for Public Works and Peoples Housing Basuki Hadimuljono also signed a MoU with his Chinese counterpart from the International Development Cooperation Board of China.

The second MoU deals with a draft study on the development of Jenelata dam in Gowa district, South Sulawesi, and Riam Kiwa dam in Banjar district, South Kalimantan.

The Chinese premier remarked that he also discussed a number of issues with Jokowi to increase trade relations.

The Indonesian government hoped that China will increase its import of tropical fruits and other commodities from Indonesia.

“Surely, Indonesian farm products have high values in China, because China does not have many of them,” he added.

In return, he expressed hope that Indonesia would open its market wider for Chinese fruits.

Li arrived in Indonesia on May 6 for a three-day visit. From Indonesia, he will proceed on his journey to Japan.

Source: ANTARA News

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