Indonesian Political, Business & Finance News

Indonesia-France Business Council to Drive Investment

| | Source: M.ANTARANEWS.COM Translated from Indonesian | Business
Indonesia-France Business Council to Drive Investment
Image: M.ANTARANEWS.COM

Jakarta (ANTARA) - Minister for Investment and Downstreaming and Head of the Investment Coordinating Board (BKPM), Rosan Perkasa Roeslani, believes the Indonesia-France Business Council (France-Indonesia High Level Business Council) can act as a driving force for foreign investment into Indonesia.

“The establishment of the France–Indonesia High Level Business Council marks a significant milestone in strengthening the economic partnership between the two nations,” said Rosan, as quoted from the Presidential Secretariat’s official statement confirmed in Jakarta on Friday.

The formation of the Indonesia-France High Level Business Council was announced during President Prabowo Subianto’s state visit to Paris, France, on Thursday, 28 May 2026.

President Prabowo and French President Emmanuel Macron witnessed the establishment of the business council between the two countries.

Rosan explained that the forum serves not only as a platform for business dialogue but also as a driving force to promote investment, trade, and strategic cooperation that delivers tangible benefits for both nations.

The business forum brought together 30 leading company executives and industry leaders from Indonesia and France, with a combined market capitalisation of $1.3 trillion.

At the same event, Rosan revealed that the launch of the Indonesia-France Business Council resulted in four new commercial agreements worth $3.5 billion, covering cooperation in energy security, trade, and defence sectors.

“French business confidence in Indonesia continues to grow. The agreements reached demonstrate that Indonesia is viewed as a strategic partner with long-term growth prospects and a more competitive investment climate,” Rosan said.

Rosan added that the Business Council plays a crucial role in overseeing the implementation of previous memoranda of understanding and investment commitments, including those made during President Macron’s state visit to Indonesia in mid-May 2025.

“It is equally important to ensure all commitments are realised. Therefore, this forum will serve as a mechanism to identify obstacles, expedite resolution of challenges, and ensure investments proceed optimally,” he said.

The Indonesia-France Business Council aims to triple total bilateral trade by 2035.

With full support from the Indonesian and French governments, Kadin Indonesia and MEDEF International have committed to strengthening the bilateral economic corridor to open new opportunities for collaboration in various strategic sectors.

“We are optimistic that Indonesia-France economic relations will grow stronger. Government and business collaboration is key to creating sustainable growth, job creation, and enhancing both nations’ competitiveness amid global economic dynamics,” Rosan said.

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