Promoting Indonesia as Reliable Trade Partner and Investment Destination, Ottawa, 26 November 2013

 
 
 
 
 
 
 
 
 
 

The Embassy of the Republic of Indonesia held a Business Luncheon in Ottawa on November 26th, 2013. The theme of the meeting was Expanding Indonesia-Canada Economic Relations Through Partnership, and the purpose was to promote Indonesia as a reliable trade partner and investment destination.


The event was attended by Government officials, non-government agencies and the business sector, namely Department of Foreign Affairs, Trade and Development Canada (DFATD), Agriculture and Agri-Food Canada, Trade Facilitation Office (TFO) Canada, Bank of Canada, Export Development Canada (EDC), Canadian Co-operative Association, Canada Chamber of Commerce, Ottawa Chamber of Commerce, Bombardier, SNC Lavalin, Canada Apparel Federation, Optelian, and Eurodata.


The Ambassador of the Republic of Indonesia, H.E. Dienne H. Moehario, in her remarks highlighted the increasing Indonesia and Canada cooperation both at the bilateral and multilateral levels. She informed about the visits by high level officials, including the visit of Prime Minister Stephen Harper to Indonesia on the occasion of the APEC Economic Leaders’ Meeting on 7-8 October 2013. The Ambassador underlined the strong commitment of both governments to deepen cooperation, whilst encouraging the business sector to explore opportunities to bring mutual benefit.


Mr. Michael Danagher, Director, South, Southeast Asia & Oceania Commercial Relations, Department of Foreign Affairs, Trade and Development Canada (DFATD), in his remarks affirmed the increasing Canada and Indonesia relationship in recent years, including visits to Indonesia by the Minister of Foreign Affairs, John Baird and Minister of International Trade Ed Fast. He emphasized the significant presence of Canadian companies in Indonesia, particularly in the mining, insurance and telecommunications sectors. Mr. Danagher appreciated the participation of the private sector in the event and conveyed his support to an increasing business-to-business engagement between Canada and Indonesia.


Three speakers delivered their presentations, namely Dr. Sugeng, Head of the Representative Office of Indonesia’s Central Bank (Bank Indonesia) in New York; Mr. Yos Herman, Head of Indonesian Investment Promotion Centre in New York; and Mr. Sulistya Widayanta, Trade Attache of the Indonesian Embassy in Ottawa.


Dr. Sugeng’s presentation focused on the recent macroeconomic development in Indonesia, where he described it as stable despite various internal and external challenges. He also underlined the rising middle income, young and productive population which plays an important role in the economic development.


Meanwhile, Mr. Yos Harmen highlighted the growing investment realization, both by domestic and foreign investors, in Indonesia. He also briefed investment opportunities in the infrastructure sector, namely Strategic Infrastructure and Regional Development of Sunda Strait, Soekarno – Hatta International Airport Railway Development, Balikpapan – Samarinda Toll Road, Solid Waste Treatment and Final Disposal in Bogor and Depok Area and Karama Hydro Power Plant.


From the trade aspect, Mr. Sulistya Widayanta conveyed the Indonesian Embassy’s readiness to facilitate the business sector in increasing trade relations. He underlined that Indonesia has abundant and various products that could meet the demand of Canadian companies.


In the discussion, moderated by Mr. Robby Tulus, the participants showed interest, among others, on Indonesian trade policies and Public Private Partnership (PPP) projects in infrastructure in Indonesia. (HM/LS/KBRI Ottawa).