S'pore & Indonesia to jointly develop new port in Central Java: Lawrence Wong

The location of the port has yet to be determined.

19/5/2022 12:11:00 PM

S'pore & Indonesia to jointly develop new port in Central Java: Lawrence Wong

The location of the port has yet to be determined.

In a Facebook post on May 18, Coordinating Minister for Economic Affairs Airlangga Hartarto said that they had discussed cooperation in the Kendal Port development., quotingPriority project for central governmentreported.Merdeka."Singapore, of course, wishes to do its part in supporting this important project, so as to benefit the Kendal SEZ, the Kendal regency, as well as the entire Central Java region."

During his trip, he also met with Coordinating Minister for Maritime Affairs and Investment Luhut Binsar Pandjaitan, and the two discussed opportunities to step up mutual cooperation, including in areas such as climate change and sustainability.In another

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Why are they wearing masks? Stop it There are two cities with the highest COVID-19 hit, those were Jakarta and Surabaya, both are port cities. Below them (Jakarta and East Java) is Central Java.

Singapore-Indonesia joint industrial park in Kendal to expand, says Lawrence WongSINGAPORE: Kendal Industrial Park, a joint project between Singapore and Indonesia, is set to double in size, Finance Minister Lawrence Wong said on a visit to the park on Thursday (May 19). Mr Wong is on his first official visit to Indonesia as Finance Minister. After two days of meeting senior offic

Finance Minister Lawrence Wong and Indonesian leaders explore new areas of growth

Singapore's Lawrence Wong meets Indonesian ministers in Jakarta

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Follow us on Telegram for the latest updates: https://t.LinkedIn SINGAPORE: Kendal Industrial Park, a joint project between Singapore and Indonesia, is set to double in size, Finance Minister Lawrence Wong said on a visit to the park on Thursday (May 19).Copy to clipboard https://str.his four-day working trip to Indonesia on Tuesday (May 17) with a series of discussions with top government leaders on strengthening bilateral ties and exploring new areas of cooperation.

me/mothershipsg Finance Minister Lawrence Wong is in Indonesia from May 17 to 20 to reaffirm the two countries' strong bilateral relations and discuss new areas of growth. One of the items on the agenda is the construction of a port in Kendal, located in the province of Central Java. After two days of meeting senior officials in Jakarta, he was in Central Java on Thursday to visit the industrial park and for meetings with officials there. In a Facebook post on May 18, Coordinating Minister for Economic Affairs Airlangga Hartarto said that they had discussed cooperation in the Kendal Port development. In a Facebook post, Mr Wong said Singapore and Indonesia have maintained close ties throughout the Covid-19 crisis. He further said it is"undeniable" that both countries are"the key to economic growth" in the Asean region. "Phase two will likely more than double the size of the industrial park and bring in many more investments and many more jobs to Kendal and Central Java. According to Indonesian news site , quoting Antara, Airlangga said the construction of a new port can hopefully facilitate the Kendal (SEZ) Special Economic Zone and KIT Batang (Integrated Industrial Estate), instead of building two new ports in each area. "Indonesia views Singapore as a friendly country and an important strategic partner, one of the closest neighbouring countries that has significance for Indonesia's national and regional interests," Mr Prabowo was quoted as saying.

Priority project for central government Speaking to reporters after the welcome ceremony organised for Wong by the local Kendal government, Dico Ganinduto, the regent of Kendal, said the project has been prioritised by the central government as one of the key projects the country is handling, Lianhe Zaobao reported. Inaugurated in 2016 by Singapore's Prime Minister Lee Hsien Loong and Indonesia's President Joko Widodo, the park now has 74 tenants from Southeast Asia, Northeast Asia and Europe, including three from Singapore. Mr Wong said he discussed opportunities to step up mutual cooperation, including on climate change and sustainability, in his meeting with Mr Luhut. He added that they are currently in the process of deciding which Indonesia firm is suitable for the project with Singapore. In addition, Wong said that the new port can be equipped with modern facilities and technology to further support economic activities, according to Merdeka.7 billion and is expected to create more than 12,000 new jobs for locals. The rise of logistics and shipping costs are one of the factors that influence competitiveness, and the enterprises at Kendal SEZ hope to export to the rest of the world. "It is undeniable that Indonesia and Singapore are the keys to economic growth in the Asean region," he said. Therefore, they see"the demand for a port there", he said, adding that they hope the location of the port can be determined in the near future. He also met and had lunch with Regent of Kendal Dico Ganinduto. He also discussed opportunities for regional cooperation in the areas of digital and green finance with Bank Indonesia Governor Perry Warjiyo.

"Singapore, of course, wishes to do its part in supporting this important project, so as to benefit the Kendal SEZ, the Kendal regency, as well as the entire Central Java region." Met with several Indonesian ministers Taking to Facebook to write about his meetings with Airlangga and several other Indonesian ministers, Wong said he and Airlangga discussed ways to advance economic cooperation in Kendal Industrial Park and the Riau Islands of Batam, Bintan and Karimun. To his right is Singapore ambassador to Indonesia Anil Kumar Nayar and to his left is Kendal Regent Dico Ganinduto. Mr Wong then travelled to Semarang in Central Java, where he met Mr Ganjar. During his trip, he also met with Coordinating Minister for Maritime Affairs and Investment Luhut Binsar Pandjaitan, and the two discussed opportunities to step up mutual cooperation, including in areas such as climate change and sustainability. In his meeting with Minister of Tourism and Creative Economy Sandiaga Salahuddin Uno, they spoke about opportunities to deepen cooperation while looking forward to exciting partnerships in new areas, such as sustainable tourism and creative industry. (Photo: CNA/Chew Hui Min) Finance Minister Lawrence Wong visiting Kendal Polytechnic in Kendal Industrial Park, Central Java, Indonesia on May 19, 2022. Wong had also met Indonesia's Defence Minister Prabowo Subianto, and the two spoke about"the close and long-standing relations" between defence establishments in both countries. Mr Wong is also scheduled to visit Kendal Industrial Park, a joint project between the two countries that was inaugurated in November 2016 by Indonesian President Joko Widodo and Singapore Prime Minister Lee Hsien Loong. Embed Facebook Facebook It was good to catch up in-person with several Ministers today.

In another , Wong said this was his first visit to Indonesia as finance minister. "They have managed to attract investors permitted to do business in an industrial hub and that in turn has created many good jobs for the local people of Kendal. The two countries mark 55 years of diplomatic relations this year. Describing the Southeast Asian country as a close neighbour of Singapore and an important partner, Wong said both countries have worked with each other for many years, and bilateral cooperation is deep and multifaceted in the economic, security, and people-to-people spheres. "You can say it's slow but 2016 was just the groundbreaking. According to a statement from the , Wong will also be meeting key business leaders and Singapore start-ups in Indonesia. Top image via Airlangga Hartarto/Facebook If you like what you read, follow us on . "We've had a lot of years in recent times of economic uncertainty, not to mention two years of the pandemic when borders were closed when it was not possible to bring in investors to come and visit the park. Posted by.