Jokowi stressed that it is important for the two neighbours to explore new areas of economic growth.
Speaking to The Straits Times on Wednesday ahead of his meeting with Prime Minister Lee Hsien Loong in Singapore for their regular Leaders’ Retreat on Thursday, Widodo outlined his plans for the flagship project, known as Nusantara.
“Singapore is the most important partner for Indonesia,” he said. “The relationship between Singapore and Indonesia is very good and must be continued and improved in the future.The 2,561sq km project, about three times the size of Singapore, is estimated to cost 466 trillion rupiah . The state will bear 20 per cent of the costs, while Indonesia hopes the private sector will foot the rest.
“Indonesia’s economy is also in a good position. There are many potentials that can be explored,” he said in an exclusive interview with ST at the presidential palace in Jakarta over a nasi padang lunch. The Indonesian leader, better known as Jokowi, said he planned to speak about the development of the new capital at the leaders’ retreat.
Both his sons Gibran Rakabuming Raka and Kaesang Pangarep had studied in the Republic, and his favourite food is Hainanese chicken rice, he added with a thumbs up.Collaborations in new areas will be discussed at the leaders’ meeting on Thursday, he said, adding that the progress of the outcomes of the last retreat on Indonesia’s Bintan island in January 2022 will also be reviewed.
The defence deal allows for the Singapore Armed Forces to train and take part in exercises in Indonesia with full respect for Indonesia’s sovereignty over its territory, while the extradition treaty supports the handing over of fugitives between the two countries.
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