Indonesia invites Taiwan to invest in maritime sector

Indonesia is encouraging Taiwan businesses to invest in its maritime sector to help realize its goal of becoming a world maritime hub.

Hanung Harimba Rachman, director of Indonesia's Investment Planning in the Agribusiness and Natural Resources of the Capital Investment Coordinating Board, said Tuesday that the maritime sector is a priority in the country's five-year development plan that was launched in 2015.

He said Taiwan businesses are invited to invest in the shipbuilding, fisheries, and cold storage sectors in Indonesia.

Other areas open to Taiwanese investment include seaport and deep sea energy development, Rachman said, noting that Taiwan is known for its strong manufacturing industry and high technology.

Indonesia wants to develop its maritime sector to adopt the use of high technology, he said.

In response, Chang Liang-jen (???), Taiwan's representative to Indonesia, said Taiwan and Indonesia have had close relations for years and should expand bilateral cooperation, especially in the maritime sector.

Source: Focus Taiwan News Channel