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Thursday, 18 March 2021 09:01

Indonesia, Russia Encourages Digital Economic Cooperation, Tourism Investment

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Mar. 18 - The Indonesian Embassy in Moscow with the Ministry of Economic Development of the Russian Federation entitled Russia - Indonesia Online Business Forum: "Digital Economy and Tourism Investment Opportunities" (16/03).

The forum aims to bring Russian and Indonesian businesses closer together and improve bilateral relations in the digital economy and tourism investment.

"This is the right time for us to encourage digital economic cooperation between the two countries and promote Indonesian tourism investment to Russia considering the huge potential for cooperation between the two countries," said Indonesian Ambassador to Moscow Jose Tavares

The Russian Ambassador to Indonesia, Lyudmila Vorobieva, mentioned the bright prospects for the information and communication technology (ICT) sector between Indonesia and Russia in supporting fields such as education, data security and banking.

Also opening the event, Vladimir Ilichyov, Deputy Minister of Economic Development of Russia, expressed his hopes for a productive dialogue between the businessmen of the two countries.

After the opening ceremony, the Business Forum was continued with a parallel Break Out Session regarding Digital Economy Cooperation and Indonesian Tourism Investment Opportunities.

Panel 1, moderated by Pavel Kalmychek, Deputy Director for Multilateral Cooperation and Special Projects of the Russian Ministry of Economic Development, which discussed digital economic cooperation, presented speakers including Dedy Permadi, Staff of the Indonesian Minister of Communication and Information who explained Indonesia's industrial 4.0 strategy and platform and aspects that could be cooperated with Russia.

Meanwhile the Russian speaker, George Mikaberidze, CEO of Rosinfokominvest (a company engaged in Russian information and communication technology investment), conveyed the digitization process 4.0 in Russia as well as solutions and opportunities for collaboration with foreign partners, including Indonesia.

"There are opportunities for cooperation and matchmaking efforts to bridge Russian ICT with Indonesia," concluded Sergey Rossomakhov from the Russian Trade Office in Jakarta.
In Panel 2, guided by Edi Suharto, Minister Counselor of the Indonesian Embassy in Moscow, discussed Indonesian investment opportunities in the tourism sector to Russian participants and potential investors.

Three speakers from Indonesia worked together to promote policies and investment opportunities as well as projects that could be cooperated with the Russian side.

Nurul Ichwan, Deputy Head of BKPM, explained RI's policies that are pro-convenience, pro-growth and pro to equitable distribution of Indonesia's economic development, especially for investment in the tourism sector.

From the western part of Indonesia, Marthunis, Plt. Head of the Aceh Investment and One Stop Integrated Service (DPM-PTSP) Office, emphasized "We offer Russia cooperation in the agricultural industrial sectors, the development of tourist objects, energy and infrastructure in Aceh".

On the same occasion, Ema Widiastuti, Director of Business Development for the Indonesia Tourism Development Corporation (ITDC), gave a presentation on investment opportunities in the Special Economic Area of ​​Mandalika. One of the participants from Russia, Alexander Chinyaev, Director of Economic Cooperation of the AFK Sistema Investment Company, briefly shared his experiences in investment cooperation.

"We hope that the business matching at the end of the Forum will result in mutually beneficial collaboration between the business communities of the two countries to promote economic cooperation between Indonesia and Russia," concluded Jose Tavares.

As a follow up, Ekaterina Morozova from Savills Russia (Property Consultant) has exchanged contacts with ITDC and said "The Russian Savills Team will discuss with ITDC regarding a project in Mandalika for investment in the hotel sector".

A total of 134 participants showed high enthusiasm in participating in the Forum, not only from entrepreneurs, also attending from Ministries / Institutions of the two countries. Several companies / institutions were recorded that were present, including Elken Global, AECOM, KADIN, Telkomtelstra, Searchrinform Russia, Russian Export Center, and MAXIM Taxi Service. (VOI)

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