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Jakarta, CNBC Indonesia – The Coordinating Minister of Maritime Affairs and Investments General TNI (Ret.) Luhut Binsar Pandjaitan and the Minister of State-owned Enterprises Erick Thohir paid a working visit to Japan. One of the important points of this visit is related to Indonesia’s plan to establish a Sovereign Wealth Fund (SWF) or better known as the Nusantara Investment Authority (NIA).
“The President of the Republic of Indonesia has assigned the Coordinating Minister of Maritime Affairs and Investment and the Minister of State-Owned Enterprises to speak with the government and related businessmen in Tokyo from 3-4 December 2020 for support. The visit of the two ministers is also a follow-up to the agreement between the President of the Republic of Indonesia and the Prime Minister of Japan in Bogor on October 20, 2020, “said Indonesian Ambassador to Japan Heri Akhmadi, quoted in the website of the Indonesian Embassy in Japan, on Thursday (03/12/2020).
According to the plan, Luhut and Erick are scheduled to meet with various officials from the Ministry of Economy (METI) and various financial institutions in Japan, including the Japan Bank for International Cooperation (JBIC).
NIA is an institution that will function to manage investment and support the economic development of Indonesia. The Indonesian government hopes that the NIA can promote the improvement of the investment climate, develop the value of state assets and support economic development, in particular by supporting the realization of national priority projects.
In addition to exploring support from Japan, the Indonesian government is also exploring support from the United States and the United Arab Emirates.
The following is Luhut and Erick’s schedule on Thursday (03/12/2020) received by CNBC Indonesia:
10.20-10.40 Meeting with Mr. Hiroshige Seko, former office building of members of the Minister di Diet of METI
11.30-12.00 Meeting with Mr. Mitsuo & Co, CEO of Yasunaga, in the Garuda room of the Indonesian embassy.
12.00 – 13.00 Lunch in the Garuda room of the Indonesian embassy
13.30-14.00 Meeting with Mr. Kobayashi (President of Mitsubishi Corp) in the Garuda Room of the Indonesian Embassy.
14.30-15.00 Meeting with Mr. Fujimoto (CEO Sojitz Corporation) in the Garuda Room of the Indonesian Embassy.
15.50-16.20 Meeting with Mr. Hiroto Izumi (Special Advisor PM) di Sala VIP Office PM
17.00-17.30 meeting with Mr. Eiji Hashimoto (President Nippon Steel Co. Ltd) in the Garuda room of the Indonesian embassy
18.00-19.00 Meeting with Mr. Hironari Furukawa (President Hanwa Co. Ltd) in the Garuda room of the Indonesian embassy
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(Friends / sef)