Joint Statement Hatta Rajasa & METI Japan Nov 18

8/3/2019 Joint Statement Hatta Rajasa & METI Japan Nov 18

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Joint Press Release

H.E. M. Hatta Rajasa

Coordinating Minister for Economic Affairs, Indonesia

AndH.E. Yukio Edano

Minister for Economy, Trade and Industry, Japan

At the 3rd Indonesia-Japan Joint Economic Forum

November 18th

, 2011, Bali, Indonesia

1. The 3rd Indonesia-Japan Joint Economic Forum was held on November 18th,2011 in Bali, Indonesia, and co-chaired by H.E. M Hatta Rajasa,

Coordinating Minister for Economic Affairs of Indonesia, and H.E. Mr.

Yukio Edano, Minister of Economy, Trade and Industry of Japan. The forum

was attended by senior government officials and leaders of business

organizations from both countries including H.E. Jero Wacik, Minister of

Energy and Mineral Resources, H.E. Mohamad S. Hidayat, Minister of

Industry, H.E. Muhammad Lutfi, Ambassador Extraordinary and

Plenipotentiary of the Republic of Indonesia and H.E. Yoshinori Katori,

Ambassador Extraordinary and Plenipotentiary of Japan, Mr. Suryo

Bambang Sulisto, Chairman of the Indonesian Chamber of Commerce and

Industry (KADIN), Mr. Sony Harsono, Chairman, Japan-IndonesiaCommittee of KADIN, Mr. Yonekura, Chairman of KEIDANREN

(tambahkan yg lengkap), Mr. Asada, Chairman, Japan-Indonesia Economic

Committee of KEIDANREN, Mr. Nakamura, Vice Chairman of

KEIDANREN, Mr. Hyodo, Chairman of JJC (Japan-Jakarta Club), discussed

infrastructure development, improvement of the business and investment

climate in Indonesia, and industrial cooperation between Japan and

Indonesia.

2. Both sides shared the recognition on the importance to cooperate in theimplementation of the Master Plan for Acceleration and Expansion of

Indonesia Economic Development Plan (MP3EI) which Indonesia

Economic Development Corridors(IEDC) settled as one of the pillars as

well as connectivity and Human Resource Development announced by

the Indonesian government in May 2011. Both sides agreed to continue to

cooperate closely, boosting actions on the business side and related

organizations from both countries for project promotion and establishment of

necessary assistance and institutions. Furthermore, both sides welcomed theprogress of cooperation among the two countries and reconfirmed the


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necessity for further collaboration to accelerate the work progress on the

Metropolitan Priority Areas for Investment and Industry (MPA) which has

been embodied into the MP3EI.

Both sides shared the view on the importance to promote the following fieldsof cooperation to accelerate the process in order to realize the MP3EI:

a) MPABased on the discussion of the Steering Committee and the Technical

Committee meetings of the MPA, both sides confirmed the importance to

facilitate the implementation of the Fast Track Projects and to accelerate the

work progress of the comprehensive Master Plan for the Jabodetabek MPA,

including the Potential Priority Projects. Both sides also confirmed to hold

the Third Steering Committee meeting in the second quarter of 2012, or

earlier if necessary.

b) Power SectorTo promote eco-friendly and sustainable economic growth, and to meet the

growing electricity demands, as well as in tackling environmental concerns

in Indonesia, both sides shared the recognition that the active utilization of

Japanese technologies regarding high-efficiency coal thermal power plants,

geothermal power development, hydro power plants and power transmissionsystem would be extremely important and useful infrastructure development

in the power and energy fields. Both sides also confirmed working

continuously to deepen cooperation for ensuring stable and reliable power

supply.

c) Smart CommunityBoth sides confirmed to mutually cooperate in realizing the projects on Smart

Community, which is a concept of new eco-friendly social system, in the

field of city development, stable power supply to isolated island and smartindustrial park etc., under the cooperation of Japan Smart Community

Alliance (JSCA) based on East Asia Smart Community Initiative (EA-SCI).

Both sided shared the necessity that the public and private sector from both

countries, such as New Energy and Industrial Technology Development

Organization (NEDO) in Japan and institutions concerned in Indonesia

cooperate closely.

d) Bilateral Offset CreditBoth sides shared the view that the diffusion of Japanese low-carbon


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technology, through bilateral offset credit mechanism, would contribute to

low-carbon growth in Indonesia, and broadening the consultation process

both at a government and private sector, through identifying and

implementing several model projects, capacity and joint studies, building on

the ongoing activities that are useful for enhancing mutual understanding onthe mechanism in line with the principle of the United Nations Framework

Convention on Climate Change and Cancun Agreements, and for the

promotion of concrete actions for GHG emission reductions by low carbon

technologies, products and services.

e) Investment in local areasBoth sides shared the view that it is important to improve the capacity of

infrastructure and integratedness of connectivity from the viewpoint of the

investor, which has invested outside the Java Island through the projects such

as the geothermal power development in the Sumatra Island, infrastructure

development for storage and transportation of coal in the Kalimantan Islands.

f) ConnectivityBoth sides confirmed to continue to discuss and cooperate on development of

infrastructure such as roads, ports, airports and power transmission system,

and improvement of institutions such as simplification of customs procedure

in order to enhance connectivity in Indonesia and beyond ASEAN, whichwill be closely coordinated with the Master Plan on ASEAN Connectivity

(MPAC) and the Comprehensive Asia Development Plan (CADP)utilizing,

among others, Economic Research Institute for ASEAN and East Asia

(ERIA).

g) Soft InfrastructureBoth sides recognized that it is particularly necessary to promote and

introduce the PPP scheme proposed by the private sector to enhance capacity

building regarding implementation of infrastructure technologies.Furthermore, it was pointed out that it is important to develop international

standardization and norms in the field of industrial standards and

environmental regulations in Indonesia by the private sector.

h) Industrial PromotionBoth sides confirmed to contribute on industry promotions in sectors,

promoted on the MP3EI through strengthening the industrial cooperation on

the MIDEC under IJEPA.


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3. Both sides discussed the latest update on the business and investment

environment improvement in Indonesia. They confirmed to enhance and

intensify efforts to increase Japanese investment in Indonesia and to

continuously ensure effective implementation of IJEPA taking into account

requests from the private sector of both countries. Furthermore, both sidesdiscussed the further efforts of Government of Indonesia to improve

investment environment in Indonesia.

4. Both sides reconfirmed that the integrated actions, such as infrastructuredevelopment, industry promotion and business environment improvement in

Indonesia utilizing Japanese technology and know-how evolve the growth of

each country under the MP3EI. Both sides also confirmed to continue

comprehensive cooperation in a broader range, including infrastructure, trade

and investment, industrial promotion, natural resources, energy and regional

economic integration in a close collaboration between both countries

government and private sector.

5. Both sides also confirmed that the 4th Indonesia-Japan Joint Economic Forumwill be held at a date to be mutually confirmed upon by both sides. In order

to fully explore shared commitments, both sides look forward to further

discussions on specific matters raised at the meeting through the existing

bilateral dialogues.

Documents

Joint Statement Hatta Rajasa & METI Japan Nov 18