Tue, 04 Jan 2011


By Vanessa Jalleh
MINISTER for Trade and Industry Lim Hng Kiang, will be in Jakarta from Monday to Tuesday.

He will be attending a ministerial meeting with Indonesian Coordinating Minister for Economic Affairs Hatta Rajasa and other senior officials to discuss the progress of the six joint Economic Working Groups formed after an earlier retreat between Prime Minister Lee Hsien Loong and Indonesian President Susilo Bambang Yudhoyono in May 2010.

The six working groups are set up to enhance bilateral economic cooperation in cruise tourism, civil aviation, manpower and agribusiness, investments and cooperation in the special economic zones (SEZs) of Batam, Bintan, and Karimum (BBK) as well as other SEZs.

During the visit, Mr Lim will also be holding bilateral meetings with Indonesian Trade Minister Mari Pangestu and Industry Minister MS Hidayat.

Mr Lim will be accompanied by senior officials from the Ministry of Trade and Industry, Ministry of Transport and other government agencies for the trip.

Singapore was the top source of realised foreign investment into Indonesia in 2009, amounting to US$4.4 billion. In the same year, Indonesia accounted for the largest number of tourism arrivals into Singapore.