Indonesia today welcomed Indian investments in its infrastructure sector at a business meet here that aimed to facilitate enhanced bilateral cooperation between the two major economies in Asia.
The first India-Indonesia Infrastructure Forum (IIIF) was jointly organised by the Indian Embassy in Jakarta, along with Indonesia's Coordinating Ministry for Maritime Affairs.
The event was jointly inaugurated by Indonesian Coordinating Minister for Maritime Affairs, Luhut Binsar Pandjaitan, Indonesian Minister of Transportation, Budi Karya Sumadi, along with India's Ambassador to Indonesia, Pradeep K Rawat, the Indian Embassy said in a press release.
A high-level delegation of over 30 Indian CEOs from leading Indian companies like GMR, GVK, Adani, Larsen & Toubro, Tata Power, TCS, Tech Mahindra, Adani, Max Hospitals, Narayana Health, WAPCOS, EXIM Bank, Jet Airways, IOCL among several others were present.
In his remarks, Rawat underscored the rising Indian economic growth story and success stories of Indian investments abroad. He called for forging of greater synergies between Indian and Indonesian industries, especially in the infrastructure sector.
Maritime Affairs Minister Pandjaitan welcomed Indian companies to Indonesia and gave them an overall outline of the improved investment climate in the country and underscored that infrastructure development was a top priority for his government.
Indonesia is India's largest trading partner in the ASEAN region.