Indonesia expects more investment from China
Langshan Mountain National Forest Park in Nantong. [Photo provided to en.nantong.gov.cn]
Indonesia expects to receive more attention from Chinese investors looking to tap into its abundant natural resources, noted Nurul Ichwan, deputy minister for Investment Promotion of the Ministry of Investment in Indonesia, at the Indonesia-China Investment Conference held in Nantong, Jiangsu, on Sept 24.
He said the country is eager to collaborate with Chinese investors, who will not only bring capital but also technologies to help improve the added value of industries and satisfy the demand of global markets.
Ichwan expressed hope that Chinese investors will pay more attention to the country's digital, green, marine, and creative economies, as well as infrastructure and other fields. He also expressed an eagerness to further cooperate with Nantong.
Nantong, situated in the eastern region of China, is a prominent open city nestled within the heart of the Yangtze River Delta. Indonesia played a major role spearheading the development of the 21st Century Maritime Silk Road, with China remaining its primary trade partner for many years. In 2023, trade between Nantong and Indonesia surpassed 8 billion yuan ($1.14 billion).
Zhang Tong, mayor of Nantong, explained that enterprises from Nantong and Indonesia have been closely collaborating, establishing a presence in each other's cities.
The mayor added that the government will support Nantong construction enterprises looking to participate in major construction projects in Indonesia, especially now that the country is building a new capital city, known as Nusantara.
Representatives from Nantong's Longxin Construction Group and Nantong Si Jian Construction Group highlighted the investment and collaboration opportunities brought about by the infrastructure and housing construction in the new capital at the conference.
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