Huge Nusantara business potentials
Published on: Tuesday, March 29, 2022
By: Bernama
East Kalimantan Vice-Governor Hadi Mulyadi (left) sharing information on KALTIM with Maximus (second right), Dr Joachim (second left) and Awang Tengah during a courtesy call on the former at his office in Samarinda, on Monday.
SAMARINDA: Malaysian investors wishing to do business in the soon-to-be Indonesia’s capital city, Nusantara, must think beyond the conventional sectors.Minister in the Prime Minister’s Department (Sabah and Sarawak Affairs) Datuk Seri Dr Maximus Ongkili said there are huge business potentials that are waiting to be tapped here, as well as other parts of East Kalimantan (KALTIM).”It is exciting to know of these potentials, which is vast ranging from infrastructure, tourism, agriculture and others.
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“But we should be more creative and look at other sectors beyond these such as education, health and sectors that are being focused by the Indonesian government,” he said after meeting the East Kalimantan Vice-Governor Hadi Mulyadi at the latter’s office, Monday.
Maximus, who led the Malaysian delegation including Deputy Chief Minister Datuk Dr Joachim Gunsalam, Sarawak Deputy Premier Datuk Amar Awang Tengah Ali Hasan, as well as top officials from Malaysian government agencies, were also briefed on the business and investment opportunities by the Indonesian Investment Board One-Stop Service (DPMPTSP).
“We would encourage private sectors in Malaysia to tap on these potentials, and we, from the Government, will facilitate, while the Malaysian Embassy will provide us with the details on investment incentives available here,” he said.
Maximus anticipated everything would be fast moving in the next two years as Indonesia prepares for the new capital city move, which is expected to occur in the first quarter of 2024.
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Also in the delegation are Adlan Mohd Shaffieq, the Chargé d’affaires of the Malaysian Embassy in Indonesia, Economic Planning Unit (EPU) Deputy Director-General (Sectoral) Datuk Dr Zunika Mohamed, Sabah Special Envoy for Brunei, Indonesia, Malaysia, Philippines - East Asean Growth Area (BIMP-EAGA) Tan Sri Pandikar Amin Mulia, Sarawak Stakeholder Datuk Joseph Salang Gandum, Sabah Economic Development and Investment Authority (Sedia) Chief Investment Officer Kevin George and International Trade and Industry Ministry’s senior director (Asean Economic Integration Division) Jamilah Hassan.
Describing the week-long visit as “timely and strategic”, Maximus said they aim to obtain first-hand information on the new location of the Indonesian capital and its likely impacts on the border economy between Kalimantan and Sabah and Sarawak.
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“Further, we also hope the visit would enhance existing ties between the two countries, so we can work closely, both economically, socially, and politically in the future,” he said.
The delegates will be in Balikpapan Monday, the third location after Jakarta and Samarinda, and are scheduled to be in Tarakan on Wednesday.
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