Indonesia eyes Taiwan’s innovation, tech capabilities

A trade official from Indonesia said on Thursday that his country is upbeat about cooperation between Taiwan and the Southeast Asian country, particularly given Taipei's strong innovation and industrial technology development.

Iman Pambagyo, director general of international trade co-operation under Indonesia's Ministry of Trade, told an investment conference held by a delegation from Taiwan's Ministry of Economic Affairs (MOEA) in Jakarta that his country has abundant natural resources which should make Taipei and Jakarta natural partners at a time when Taiwan is pushing its "new southbound policy."

Since President Tsai Ing-wen (???) of the pro-independence Democratic Progressive Party took office on May 20, the administration has sought to encourage Taiwanese investors to look more to Southeast Asia and India as a way of reducing dependence on China.

The government's new southbound policy is aimed at building closer ties with business partners in the region and hopes to turn the Association of Southeast Asian Nations (ASEAN) into an extension of Taiwan's domestic market.

The Taiwan delegation led by Vice Economics Minister Yang Wei-Fuu (???) arrived in Indonesia on Wednesday from Malaysia. During its trip the delegation has held investment seminars in a bid to boost business ties between Taiwan and the two ASEAN member nations.

Iman commented on the way Taiwan has taken advantage of its lead in innovation and industrial technology, adding that Indonesia's interest in developing e-commerce is one area the two sides could work together.

In addition, Iman said that the Indonesian government is gearing up to strengthen industrial development, which will require a large pool of talent, creating more opportunities for cooperation.

The Taiwan delegation is comprised of representatives from state-owned or government-invested firms such as Taiwan Sugar Corp. (??) and Taiyen Biotech Co. (????) as well as officials from the trade promotion group Taiwan External Trade Development Council (TAITRA).

Yang said that Indonesia is seeking to improve infrastructure and Taiwan is willing to provide assistance, indicating that Jakarta has asked for Taipei's cooperation in a wide range of industries, ranging from sugar and salt production, to ship building, natural gas and solar energy development.

Source: Focus Taiwan News Channel