Indonesian Embassy Promotes Infrastructure Projects to Malaysian Investors

    Antara - 19 November 2019 14:31 WIB
    Indonesian Embassy Promotes Infrastructure Projects to Malaysian Investors
    Illustration (Photo:Medcom.id/M Rizal)
    Kuala Lumpur: The Indonesian Embassy in Kuala Lumpur capitalized on the opportunity presented by the Transportation Investment Forum (TIF) 2019 held in Kuala Lumpur, Malaysia, on Tuesday, November 19, 2019 to promote investment in the country's infrastructure development.

    According to the embassy's Transportation Attaché Capt. Antoni Ariid Priadi, the event was focused on promoting the country's infrastructure to potential investors from Malaysia.

    "They (Malaysian investors) are expected to partake in transportation projects in Indonesia, including those under the Public-Private Partnership scheme in the Transportation Ministry," the Indonesian official stated.

    At the opening of the forum, Indonesian Ambassador to Malaysia Rusdi Kirana remarked that Malaysian businessmen had the opportunity to invest in some transportation projects. In adition, the ambassador explained that the investment will boost bilateral business relations.
     
    In the past four years, Indonesia has expedited the development of infrastructure that connected regions via land, air, and sea. By 2019, a total of 1,794 kilometers of toll road were built, including the Trans Java toll road that connected Merak Port in Banten and Surabaya in East Java.

    On Sumatra Island, development of the Trans Sumatra Toll Road connecting Aceh and Bandar Lampung is expected to cut short the travel time, from 12 hours to only six. Furthermore, the government has constructed 27 commercial ports since 2015 to boost sea connectivity and seven new airports during the period from 2015 to 2017. (Antara)



    (WAH)

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