VOI - Voice of Indonesia | RRI - Radio Republik Indonesia

Coordinating Minister for Economic Affairs Airlangga Hartarto told a German business delegation that it would benefit by investing in Indonesia, which is located at the heart of the emerging market of Southeast Asia.

"I invite the German business community to take part in establishing a long-term partnership with Indonesia. Rest assured that your investment in Indonesia will be well implemented,” he remarked while attending the Indonesia-Germany business delegation meeting at the Indonesian Digital Industry Center (PIDI) 4.0 Building here on Thursday.

He said that while attending Hannover Messe 2022 in Germany, he found that the business sector was starting to revive from the impact of the COVID-19 pandemic.

Hannover Messe is a German-based industrial exhibition. In 2022, it was held from May 30 to June 2.

The coordinating minister said that he is delighted because, despite the challenges, Indonesia and Germany still managed to record trade worth US$6 billion (Rp88.9 trillion) in 2021.

“Regarding the investment sector, Indonesia has become an important destination for German investment, which amounted to more than US$1 billion (Rp14.8 trillion) in 2015–2021,” he noted.

However, the figure does not reflect the true potential of investment in Indonesia, he said.

“We need to work harder. Indonesia has a lot to offer and there are many sectors to explore," he remarked.

He further said he expects the approaches to further strengthen the partnership and economic cooperation between Indonesia and Germany in the region.

"The (Indo-Pacific) region alone produces more than 60 percent of global GDP (global domestic product) and creates two-thirds of global growth. Hence, there are many (collaboration) opportunities to be explored with Indonesia," he added.

Since, currently, Indonesia is holding the G20 presidency, while Germany is hosting the G7 presidency, he said he believes that both countries can contribute more to synergizing global joint agendas and priorities.

Indonesia is one of the countries that have been invited to the G7 Summit in Elmau, Germany, which will take place from June 26–28, 2022.  (Antaranews)