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Minister Luhut talk to the Singaporean Ministers after signing MOU on Cross border electricity cooperation on thursday Sept 5th 2024 in Jakarta. (Photo : NK-VOI) - 

VOInews, Jakarta : Coordinating Minister for Maritime Affairs and Investment (Menko Marves) Luhut B. Pandjaitan revealed that cooperation between Indonesia and Singapore is very good and strategic.

He conveyed this when attending the Memorandum of Understanding (MoU) Announcement on Cross Border Electricity Interconnection, which is one of a series of agendas for the International Sustainability Forum 2024 (ISF 2024) on the first day, Thursday (05/09/2024).

"The Indonesia - Singapore partnership is very good and strategic for both countries, and today's agreement is also a significant step forward in our joint commitment to a sustainable future," said Coordinating Minister Luhut.

Coordinating Minister Luhut explained that with this agreement, both Singapore and Indonesia would each gain benefits.

“For Singapore, this collaboration will secure a clean electricity supply, supported by battery and solar PV energy storage systems produced in Indonesia. Meanwhile for Indonesia, this marks an important change in our energy export landscape. So, I think, this is beneficial for both countries. "This is what is important," explained Coordinating Minister Luhut.

Apart from that, Coordinating Minister Luhut revealed that this collaboration was the first step in Indonesia's transition from an exporter of fossil fuels to an exporter of renewable energy.

"This will also accelerate the development of our green industry in the field of solar PV and BESS, which creates green jobs for our people," he said.

“Today, I am very pleased that we will witness another important milestone in this cooperation. "I am confident that this collaboration will proceed in accordance with appropriate government and business procedures, while remaining true to its original objectives," he added.

Furthermore, Coordinating Minister Luhut continued, he hopes that Indonesia - Singapore can continue to encourage cooperation in the field of investment and collaboration, building together sustainable growth.

"I want to convey in this forum that our collaboration with Singapore is very, very, very good. Yesterday I had lunch with Pak Teo (Senior Minister and Coordinating Minister for National Security, Teo Chee Hean) and Pak Tan (Singapore Minister for Manpower and Second Minister for Trade and Infra, Tan See Leng) in my office, we agreed to move forward together. So I believe Indonesia can be a good partner for Singapore. So let's increase this trust to support our project together for the potential benefits for the people of Indonesia and the people of Singapore," concluded Coordinating Minister Luhut//VOI