Indonesia calls for Czech investment in new capital

The Indonesian government has called on Czech investors to join developing environmentally friendly mass transportation in the future capital of Nusantara.

Indonesian President Joko Widodo made the call while receiving Czech Prime Minister Petr Fiala at Bogor Presidential Palace in West Java province on April 18.

Speaking at a joint press conference, Widodo lauded the initiative of Fiala to bring a number of representatives of Czech companies during his visit to Indonesia, which showed the commitment of the Czech government to building and strengthening cooperation with Indonesia.

For his part, Fiala welcomed Widodo’s invitation to Czech businesses to invest in Nusantara, saying that the project is really ambitious and he is looking forward to further presentations regarding this project in the near future.

He also noted that a number of Czech companies have shown interest in taking part in the development of Nusantara, such as providing smart and green technologies.

At the press conference, Widodo also emphasised the need to accelerate the completion of negotiations on the Comprehensive Economic Partnership Agreement (CEPA) between Indonesia and the European Union (EU).

Launched on July 18, 2016, the EU-Indonesia CEPA negotiations entered the 13th round in Bali in February 2023, focusing on issues related to patents, trademarks, designs and copyright./.

Source: Vietnam News Agency