President Prabowo Oversees $10.07 Billion Deal Between Indonesian and Chinese Business Leaders
SEAToday.com, Beijing - President Prabowo Subianto attended the signing of a memorandum of understanding (MoU) between Indonesian and Chinese companies, totaling $10.07 billion.
“Chinese business involvement in Asia plays a key role in our cooperation. I had positive meetings with both the president and prime minister, where we reaffirmed our commitment to strengthening this partnership,” President Prabowo stated at the Indonesia-China Business Forum 2024 in Beijing, China, on Sunday, November 10, 2024, as reported by Antara.
During the forum organized by the Indonesian Chamber of Commerce and Industry (Kadin) China Committee (KIKT), about 20 Indonesian and Chinese companies agreed to collaborate across various sectors—including advanced manufacturing, renewable energy, healthcare, downstream industries, food security, and finance—collectively valued at $10.07 billion.
“This represents our synergistic approach in all areas: education, business, industry, and people-to-people exchanges, and we’re highly optimistic about these future prospects,” President Prabowo added.
President Prabowo emphasized that Indonesia and China’s cooperation is essential for regional stability and growth.
“To set a modern example, I advocate for non-confrontational cooperation as the path to peace. Indonesia has always remained neutral and respected all major global powers,” he remarked.
President Prabowo also noted his admiration for ancient Chinese wisdom, sharing one of his guiding beliefs: “A thousand friends are too few; one enemy is too many, yīqiān gè péngyǒu tài shǎo, yīgè dírén tài duō,” he said, switching from English to Mandarin, which was met with applause from the forum attendees.
He expressed that Indonesia is open to increased Chinese investment. “We will work diligently to create a positive environment and provide excellent facilities for our Chinese friends,” he assured.
Additionally, President Prabowo noted the significant influence of Chinese heritage in many global leaders. “I believe many leaders around the world carry some Chinese DNA, perhaps even myself. Moving forward, only through collaboration can we foster understanding, and only through understanding can we achieve peace and prosperity. Let’s commit ourselves to work together for collaboration, understanding, and peace,” Prabowo concluded.
Recommended Article
Indonesia Invesment
President Prabowo Secures IDR 294 Trillion in Foreign Investments...
From his visit over the past two weeks, President Prabowo received investment commitments worth a total of US$18.57 billion or around Rp294.80 trillion (assuming an exchange rate of Rp15,880.00 per US dollar).
Indonesia-Malaysia Investment Forum 2024: Strengthening Strategic...
Indonesia - Malaysia Investment Forum 2024: Strengthening Strategic Partnerships for Investment Opportunities
President Prabowo Oversees $10.07 Billion Deal Between Indonesian...
resident Prabowo Subianto attended the signing of a memorandum of understanding (MoU) between Indonesian and Chinese companies, totaling $10.07 billion.
President Joko Widodo: Indonesia Has Potential to Become New Asia...
President Joko "Jokowi" Widodo said that Indonesia has the potential to become one of the new economic powers in Asia, along with India and China.
Popular Post
Top 10 SOEs on 2024 Fortune Southeast Asia 500, Telkom Indonesia...
A total of 20 state-owned enterprises (SOEs) are listed in the Fortune Southeast Asia 500 2024. Indonesia’s largest telecommunications company Telkom Indonesia (@telkomindonesia) was also included in the top 10 list
Trade Ministry Ready to Support Freeport’s Second Smelter in Gres...
The Trade Ministry is ready to support PT Freeport Indonesia (PTFI) ahead of the operation of its second smelter in Gresik, East Java.
Minister Airlangga: VAT to Increase to 12 Pct. Starting 2025
Minister Airlangga said VAT to Increase to 12 Pct. Starting 2025