Jababeka and Silk Road Group Form CIIC, Accelerate the Realization of\nChinese Investment in Indonesia<\/p>\n
JAKARTA - The economic relationship between Indonesia and China\ncontinues to be sought to be intertwined to benefit both countries.<\/p>\n
Although China continues to invest capital, such as in 2024 at US\n$8.1 billion, 2025 at US $7.5 billion and the first quarter of 2026\nreached US $2.2 billion, there are still a number of obstacles that\noften hinder the acceleration of cooperation.<\/p>\n
The obstacle in question is the lack of in-depth knowledge of\nregulations, local market conditions and the actual business potential\nin each country.<\/p>\n
Responding to this, China Silk Road Group Ltd.\u00a0and Jababeka Group\nofficially initiated the establishment of the China-Indonesia Innovation\n& Cooperation Center (CIIC).<\/p>\n
The establishment of the platform was signed by Jababeka Group\nChairman Setyono Djuandi Darmono and China Silk Road Group Chairman\nDr.\u00a0Yan Lijin in Jakarta, today.<\/p>\n
In many cases, Chinese companies looking to expand into Southeast\nAsia often run into partial regulatory understanding of Indonesia.<\/p>\n
On the other hand, Indonesian business actors often see the Chinese\nmarket as a giant entity that is difficult to penetrate due to\nbureaucratic barriers and sharp business cultural differences.<\/p>\n
Chairman of the Jababeka Group, Setyono Djuandi Darmono, said the\ninnovation center was formed to eliminate such doubts and become a\nstrategic hub to encourage two-way industrial cooperation, especially in\nsupporting the expansion of Chinese companies to Indonesia.<\/p>\n
\u201cSpecifically, each party will establish a showroom on behalf of the\nInnovation & Cooperation Center in Beijing and Jakarta as a\npromotional platform for each other,\u201d said Darmono in a press conference\nin Jakarta, Thursday, April 23.<\/p>\n
The cooperation center will serve as a hub to accelerate the\nrealization of investments.<\/p>\n
With the physical presence in both capital cities, the verification\nprocess of business partners, understanding of industry standards to\naccess regulatory authorities is expected to be easier and faster.<\/p>\n
The platform is not only targeting the traditional manufacturing\nsector. The main focus will be directed at the development of high-tech\nindustry, including Artificial Intelligence (AI), robotics and Smart\nCity concepts.<\/p>\n
Chairman of the China Silk Road Group, Dr.\u00a0Yan Lijin, said that\nIndonesia is the most important strategic partner in the framework of\nthe digital economy in the region.<\/p>\n
Through the innovation center, he said, his party wants to build an\necosystem that supports the digital revolution in line with\ntechnological and industrial developments.<\/p>\n
The first phase will focus on AI, robotics and smart industries. The\nnext phase is the development of an integrated digital industrial\narea.<\/p>\n
\u201cWe want to connect China\u2019s technological advantages with Indonesia\u2019s\nmarket potential and resources to create shared prosperity,\u201d he\nsaid.<\/p>\n
In the initial phase, Yan Lijin promised to bring Chinese investment\ninto Indonesia through CIIC worth 5 billion US dollars.<\/p>\n
For Indonesia, the platform is a gateway for local flagship products\nto get a stage in the Chinese market through the support of the Silk\nRoad Group network.<\/p>\n
Meanwhile, for Chinese investors, Jababeka provides a mature\noperational platform through an established industrial park\necosystem.<\/p>\n
\u201cThe establishment of this center is also expected to accelerate the\nrealization of investment, strengthen the global supply chain and create\nnew opportunities for the development of more innovative, inclusive and\nsustainable industries in the region,\u201d concluded Darmono.<\/p>", "url": "https:\/\/jawawa.id\/newsitem\/jababeka-and-silk-road-group-form-ciic-accelerate-the-realisation-of-chinese-investment-in-indonesia-1776988316", "image": "" }, "sponsor": "Okusi Associates", "sponsor_url": "https:\/\/okusiassociates.com" }