President Joko Widodo's two-day visit to the United Arab Emirates has come about in $32.7 billion worth of business and venture responsibilities

The visit Jokowi met with Abu Dhabi Crown Prince Mohamed container Zayed Al Nahyan, prevalently known as MBZ, and the Ruler of Dubai, Mohammed canister Rashid Al Maktoum, to talk about respective collaboration in different regions. 

Retno said the two nations consented to produce participation between the Indonesia Investment Authority and UAE's Abu Dhabi Growth Fund and DB World and b-to-b cooperation including joint sunlight powered charger project between state-run energy organization Pertamina and Masdar, interest in a petroleum processing plant in the East Kalimantan city of Balikpapan, Covid-19 antibody conveyance, and biotechnology industry, in addition to other things. 

"Through and through the worth of responsibilities has reached $32.7 billion so far now," Retno was cited by Antara news organization as saying. 

When going to Indonesia-UAE Investment Forum in Dubai, Jokowi said his administration needs immense venture and monetary help to move the public capital from Jakarta to East Kalimantan. 

"Building the new capital city will cost basically $35 billion," the president said. 

Sustainable power and exchange are two other fundamental areas UAE financial backers can assume a vital part in Indonesia, he said. 

He and the leader of Dubai saw the trading of a progression of memoranda of comprehension (MoUs) and concessions to monetary administrations, speculation, travel, energy, and the aversion of twofold tax assessment. 

As per government information, UAE's non-oil exchange with Indonesia was esteemed at $2 billion last year. Over the most recent five years, the all out worth of non-oil exchange among Indonesia and the UAE has surpassed $11 billion. 

After his gathering with MBZ a day sooner, Jokowi visited Al Jubail Island and established a mangrove tree. 

En route to the Jubail Mangrove Park, the president and his escort went past a road and a mosque named after him. 

Jokowi tweeted the naming of the road and the mosque "mirrors UAE's profound regard to Indonesia".


You must be logged in to post a comment.