Indonesian Political, Business & Finance News

Taiwan's ICDF pushes for stronger technology cooperation with Indonesia

| Source: ANTARA_ID Translated from Indonesian | Technology
Taiwan's ICDF pushes for stronger technology cooperation with Indonesia
Image: ANTARA_ID

Taiwan’s International Cooperation and Development Fund (ICDF) is encouraging stronger technology cooperation with Indonesia, especially in the development of artificial intelligence (AI) and semiconductor sectors.

ICDF Secretary General Yu-Lin Huang said Indonesia has favourable conditions for developing high technology, given the growth of AI data centres and investment by Taiwanese companies.

“For technology cooperation, this is the right time for us to strengthen it. We need to enhance our relationship through technology cooperation,” Huang said.

The statement was made by Huang during a meeting with a media delegation under Taiwan’s New Southbound Policy (NSP) framework at the ICDF office in Taipei on Saturday.

“For AI and semiconductors, I know there are many AI data centres in Indonesia. You already have several AI data centres in Indonesia,” he said.

Huang noted that a number of Taiwanese companies have invested in Indonesia, and expressed hope that relations between Taiwan and Indonesia can be strengthened to facilitate technology cooperation in the future.

“Indonesia is generally in a very good condition to further develop high technology. And I hope our relationship (Taiwan and Indonesia) can be strengthened in such a way as to facilitate our technology cooperation in the future,” he said.

In the area of food security, Huang said the ICDF is working with Hasanuddin University in South Sulawesi on the development of new maize varieties.

The cooperation is carried out through a feed maize seed industry development project running until December 2028. The project aims to build a commercial hybrid maize seed production model and a domestic hybrid seed supply chain, with a target of domestic F1 flint-type maize seed usage reaching 22.5 percent in South Sulawesi.

“From farm to market, that is also very important. You can see that high-quality produce from farmers is accepted by high-end chain stores. So, it is more profitable for farmers to sell their products directly to the market,” he said.

The approach is also applied through an agribusiness incubation and marketing project in West Java that helps farmers improve production technology, supply chain management, and access to processed food markets.

The project, which runs until December 2028, targets a 75 percent increase in sales value for participating agribusinesses through improved competitiveness and product added value. The project also opens opportunities for technology transfer and business matching for Taiwanese small and medium enterprises in Indonesia’s agribusiness sector.

According to Huang, the connection between agricultural production and markets is important for increasing economic benefits for farmers while strengthening food security.

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