Indonesian Political, Business & Finance News

CT Group Signs Technology Cooperation Agreement with Bappenas

| Source: ANTARA_ID Translated from Indonesian | Economy
CT Group Signs Technology Cooperation Agreement with Bappenas
Image: ANTARA_ID

Vietnam’s CT Group has signed a Memorandum of Understanding (MoU) with Indonesia’s Ministry of National Development Planning/Bappenas, establishing a framework for long-term strategic cooperation in technology and development. The agreement covers the development of Digital Twin technology, Low Altitude Economy (LAE) ecosystems, innovation, sustainable infrastructure, industrial modernisation, research, and human resource development. Tran Kim Chung, leader of CT Group Vietnam, stated that the MoU reflects a shared commitment to supporting Indonesia’s long-term national development agenda. He added that the cooperation is designed not only to be technology-oriented but also to create economic value and sustainable benefits for Indonesia. Following the signing, both parties will proceed with technical studies, project preparation, and necessary regulatory processes. The collaborative projects are expected to be implemented in stages once all technical and administrative preparations are complete. CT Group has previously established partnerships with several Indonesian institutions, including the Engineering Faculty Technology Institute at the University of Indonesia (Lemtek UI), PT Dirgantara Indonesia (PTDI), and the Bandung Institute of Technology (ITB).

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