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Indonesia, Australia sign investment MoU to boost global access

Jakarta (ANTARA) – Indonesia and Australia have signed a memorandum of understanding (MoU) aimed at strengthening investment cooperation, a move expected to broaden Indonesia’s access to the global investment ecosystem, Danantara CEO Rosan Roeslani.The MoU was signed in Jakarta on Friday by Roeslani and Australian Minister for Foreign Affairs Penny Wong, and was witnessed directly by President of the Republic of Indonesia Prabowo Subianto and Australian Prime Minister Anthony Albanese during the Australian leader’s visit to Indonesia.In a statement, Roeslani said the MoU reflects the strong commitment of both countries to move further in building a mutually reinforcing and long-term oriented economic partnership.“We view this cooperation as a forward looking step to promote high quality investment, accelerate national economic transformation, and strengthen Indonesia’s human resource capacity to be increasingly competitive at the global level,” Roeslani said.He explained that the MoU sets out a structured framework and collaboration mechanisms to promote the sustainable growth of investment relations, including strengthening partnerships with Australian funding institutions and investment entities to expand access to financing.Beyond capital mobilization, the cooperation also emphasizes long-term capacity building through collaboration in education, skills development, and talent exchange.“These measures are part of Danantara’s efforts to enhance the professionalism and productivity of human resources, as well as supporting a globally competitive national economic transformation,” Roeslani added.To support the implementation of these opportunities, Indonesia and Australia will also explore various arrangements and financing schemes to accelerate the realization of strategic projects of shared interest.As a next step, the parties will establish a working group and a work plan to implement the scope of collaboration, with regular meetings planned to ensure progress in the implementation of the agreement.