Opportunities for Singapore, Indonesia to work together in green, digital economy: Lawrence Wong

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SINGAPORE: There can be more opportunities for cooperation between Singapore and Indonesia in new sectors of the economy, said Finance Minister Lawrence Wong on Friday (May 20) at the close of a four-day official visit to Indonesia. “We are more used to investments and cooperation in more traditiona

SINGAPORE: There can be more opportunities for cooperation between Singapore and Indonesia in new sectors of the economy, said Finance Minister Lawrence Wong on Friday at the close of a four-day official visit to Indonesia.

“So there is certainly opportunity for us to work together on some of these projects, be it the financing of these projects, or even to collaborate on actual projects in Indonesia.” He said that while Singapore may not have the space or opportunity to scale-up fish farms in Singapore, companies here can tie up with Indonesian partners to use their technology and expand in Indonesia.

Mr Wong also visited Kendal Industrial Park, a joint venture in Central Java by Singapore’s Sembcorp and Indonesia developer Jababeka.Mr Wong said that while this visit to Indonesia was arranged “some time back”, the timing was opportune.

 

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