Prabowo Hosts Japanese Business Delegation to Strengthen Economic Ties
December 6, 2024 | 5:20 pm
Jakarta. Indonesia is ramping up efforts to attract Japanese investment across various sectors, with President Prabowo Subianto hosting members of the Japan-Indonesia Association (Japinda) and the Japan Jakarta Club (JJC) at the Presidential Palace this week.
The meetings discussed commitments from Japanese businesses to deepen their engagement in Indonesia’s economic development, focusing on automotive, energy, agriculture, and infrastructure projects.
Chief Economic Affairs Minister Airlangga Hartarto announced on Thursday that Toyota Tsusho, the trading arm of Toyota Group, has pledged its support for Indonesia’s automotive sector. The commitment includes initiatives to develop a national car and expand access to international markets.
The discussions also spotlighted Sumitomo Forestry’s plans to broaden its agricultural and forestry operations. Currently managing peatlands in West Kalimantan for reforestation and ecosystem restoration, Sumitomo has committed to restoring forests in Central Kalimantan and improving land management practices for sustainable agriculture.
Energy investment was another major focus, particularly the $21 billion Inpex Masela gas project, which is nearing the final stages of its technical design. The project incorporates advanced carbon capture and storage (CCS) and carbon capture, utilization, and storage (CCUS) technologies. Investment Minister Rosan Roeslani said the project, in development for over two decades, is expected to break ground next year.
President Prabowo also invited Japanese firms to participate in the ambitious Great Giant Seawall project. This 40-kilometer flood barrier, designed to protect Jakarta from rising sea levels, has the potential to extend up to 600 kilometers. “We are calling on Japanese construction companies to join this critical initiative,” Rosan said.
In addition to economic partnerships, discussions extended to collaborations in healthcare, education, and environmental sustainability. Prabowo encouraged Japanese universities to establish campuses in Indonesia and called for student exchange programs to strengthen educational ties.
The dialogue continued with a luncheon at the State Palace on Friday, attended by President Prabowo, Anindya Bakrie, Chair of the Indonesian Chamber of Commerce and Industry (Kadin), Foreign Minister Sugiono, and Airlangga. Anindya said that Japan is seeking partnerships with countries featuring growing, youthful populations to address its aging demographic challenges.
“Indonesia presents a golden opportunity under President Prabowo’s administration. Japan views Indonesia as a trusted partner with a long history of mutually beneficial relations,” Anindya said.
Tags: Keywords:Related Articles
Prabowo Calls Meeting on Forest Fires as Haze Reaches Jakarta, Singapore
Prabowo summons senior officials to discuss forest fires as smoke reaches Jakarta and Malaysia pushes for regional action.Books on Prabowo's Ideas Distributed Free at Jakarta Car-Free Day
Prabowo, who took office on Oct. 20, 2024, will mark the second anniversary of his presidency on Tuesday.Two Years Into Prabowo Presidency, Infrastructure Takes Back Seat
Prabowo’s social spending push raises concerns over infrastructure delays and uneven growth beyond Java.Prabowo, Egypt’s Sisi Talk Trade Pact for $5 Billion Commerce
Egypt's Sisi tells Prabowo that he wants to see annual trade to reach $5 billion by 2030 as Jakarta seeks tariff deals.Egypt's Sisi Arrives in Indonesia for Talks With Prabowo
Egyptian President Abdel Fattah el-Sisi arrives in Indonesia for talks with Prabowo Subianto to strengthen strategic ties.Prabowo to Launch Indonesia’s First Electric Vehicle Battery Export
Indonesia is set to export its first electric vehicle batteries as Prabowo launches a $10.2 billion industrial program.Bahlil Signals More Ministries May Join New Downstream Coordination
Bahlil signals one or two more ministries could join the new downstream coordination, with the Industry Ministry among those considered.Prabowo to Inaugurate Six New Military Commands on TNI Anniversary
Prabowo will inaugurate six new military commands and dozens of other units as Indonesia’s TNI marks its 81st anniversary.Big Spending, Limited Revenue: Economists Question Prabowo’s Economic Strategy
Prabowo’s flagship programs face scrutiny as rising spending, weak job creation and deindustrialization threaten Indonesia’s growth.Breaking: Prabowo Reportedly Set to Reshuffle Energy, Foreign Affairs Ministerial Posts
Prabowo reshuffles energy and foreign affairs portfolios as Bahlil and Sugiono are set for new roles in his seventh cabinet reshuffle.The Latest
Chandra Asri Group Receives Trade Finance Excellence Award, Reinforcing Its Role in Indonesia’s Industrial Development
Chandra Asri Group receives the Trade Finance Excellence Award at CIMB Niaga Business Summit 2026.AEON MALL Deltamas Brings 11 Sports and Creative Competitions to AEONLYMPIC 2026
AEON MALL Deltamas hosts AEONLYMPIC 2026, featuring 11 sports and creative competitions, with more than 3,100 participants.Indonesian Stocks Extend Losses for Third Day, Fall 3.64% to 4,996
Indonesian stocks fell 3.64% on Monday, extending losses for a third straight session amid MSCI concerns and tighter trading limits.Prabowo Calls Meeting on Forest Fires as Haze Reaches Jakarta, Singapore
Prabowo summons senior officials to discuss forest fires as smoke reaches Jakarta and Malaysia pushes for regional action.Jakarta Outranks Amsterdam in Global Public Transport Survey
Jakarta climbs two places to 15th in Time Out's 2026 public transport survey, with its governor citing better network integration.Most Popular
