Indonesia Seeks Stronger Business Partnership with Germany

President Jokowi delivers remarks at the 2023 Hannover Messe’s Indonesian-German Business Summit in Hannover, Germany, Monday (04/17) (Photo by: BPMI of Presidential Secretariat)

President Joko “Jokowi” Widodo has called for a more robust Indonesia-Germany business partnership given that the two countries have been in partnership for years.

“Indonesia-Germany partnership reflects equal, respectful, mutual North-South partnership that also reflect future partnership,” the President said in his remarks during the opening of a business meeting at Hall 2 Hannover Fairground, Hannover, Germany, Monday (04/17) as part of the 2023 Hannover Messe.

On that occasion, President Jokowi underscored three Indonesia’s current priorities. They are as follows.

Firstly, industrial downsteaming. To increase added value and jobs, the President said Indonesia stands ready to be a strategic partner in developing semiconductor industry and manufacturing electric vehicles battery.

“I hope for the support of German business players in making Indonesia a part of the global supply chain,” he added.

Secondly, energy transition. Indonesia, according to the President, has great potentials for new renewable energy amounting to 434,000 megawatts. To that end, President Jokowi reinforced Indonesia’s commitment to create a better world.

“We need support through innovative financing, high-tech technology transfer, as well as workforce reskilling,” he said.

Thirdly, the development of the Nusantara Capital (IKN). President Jokowi underlined that the development is not the construction of a new city from scratch, but is a new hub development that will connect various facilities that already exist in the surrounding cities.

“Nusantara is a smart and sustainable forest city with 65 percent of its land is tropical forests and will be built based on green energy and green economy principles. Come and invest in many sectors you can choose. I would like to say that Indonesia will remain a safe, stable, and prospective destination for your business,” he remarked. (BPMI of Presidential Secretariat/UN) (AP/EP)