Singapore, Indonesia boost cooperation in strategic areas
Indonesian Minister of Energy and Mineral Resources Bahlil Lahadalia said the Singaporean government has long expressed its desire to establish a clean energy supply from Indonesia as well as Carbon capture and storage (CCS) services.
Jakarta (VNA) – Indonesia and Singapore have agreed to cooperate in energy sector, includ🐻ing exporting clean energy from Indonesia to Singapore and developing a renewable energy industrial park in Indonesia's Riau islands.
The agreement was announced on June 16, following a bilateral meeting between Singaporean Prime Minister Lawrence Wong and Indonesian President Prabowo Subianto at the Singapore Parliament House.
Indonesian Minister of Energy and Mineral Resources Bahlil Lahadalia said the Singaporean government has long expressed its desire to establish a clean energy supply from Indonesia as well as carbon capture and storage (CCS) services.
Based on the goal of mutually beneficial cooperation, Indonesia proposed building an industrial park with the goal of building downstream with renewable energy. The cooperation agreement was outlined in a recently signed memorandum of understanding (MoU) with an estimated initial investment value of up to 10 billion USD, excluding the value from the development of the industrial park.
During the meetings during his ongoing state visit to Singapore, President Prabowo also expressed his wish to strengthen strategic cooperation with Singapore in the fields of healthcare and modern agriculture.
Prabowo stressed the importance of transforming the national healthcare system, including the development of medical education facilities as a long-term step to strengthen the resilience of Indonesia's healthcare sector.
Prabowo said that Indonesia is ready to receive agricultural technology transfer from Singapore as part of the process of modernising the national food system.
Indonesia and Singapore signed a MoU on food security and agricultural technology, including a youth farmer development programme and the exchange of best practices./.
Around 1,000 inmates in Indonesia have so far been transferred to the maximum-security prison island of Nusakambangan since Minister of Immigration and Correctional Services Agus Andrianto assumed office.
The two ministers discussed deepening collaboration on businesses and investment opportunities in both countries, including in industrial infrastructure, healthcare and the green economy.
Indonesia's regulation obligates public facilities, such as MRT and train stations, bus terminals, ports, toll roads, rest areas, and airports to allocate 30% of their commercial space to MSMEs.
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The new FIFA Hub in Jakarta will not only support football development in Indonesia but also serve as a coordination centre for 21 football associations across Southeast and East Asia.
Minister Counselor Nguyen Hoang Nguyen reaffirmed Vietnam’s principled and consistent stance on the Palestine issue, calling for an immediate and lasting ceasefire across the entire Gaza Strip.
PM Anwar Ibrahim affirmed the determination of Malaysia, as ASEAN Chair for 2025, to utilise all viable regional mechanisms of the bloc and work with partners to de-escalate violence and restore a peace process led by Myanmar.
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The Ministry of Commerce reported that imports also rose 18% to 29.9 billion USD during the same period, resulting in a trade surplus of 1.1 billion USD. In May alone, Thailand posted a 4.6 billion USD trade surplus with the US and a 4.1 billion USD trade deficit with China.
The World Bank will provide a 2.1 billion USD financing package for Indonesia, focusing oncreating jobs, stimulating economic growth, and enhancing access to clean energy across the country.
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The proposed giant sea wall aligns with bilateral cooperation and has been designated a national priority, considering that several regions in Indonesia are experiencing land subsidence of 10–15 centimetres per year.
International flights were cancelled including Jetstar and Virgin Australia flights to cities across Australia, and flights of Air India, Air New Zealand, Singapore's TigerAir and China's Juneyao Airlines.
The partnership aims to strengthen collaboration in the exploration and exploitation of mineral resources, including gold, copper, and manganese, as well as in the development of steel, aluminum, and renewable energy industries.
The Thai cabinet has approved a seven-year EV bus leasing scheme proposed by the Bangkok Mass Transit Authority (BMTA) for the capital, with an estimated cost of 15.35 billion THB (over 470 million USD).
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Laos declared the transfer of the press management functions of five key media agencies and associated personnel to the Propaganda and Training Board of the Lao People's Revolutionary Party Central Committee.
