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Indonesia and Zanzibar Cooperate to Strengthen Blue Economy

Economics editor Wahyu Dwi Anggoro
03/09/2024 15:00 WIB
Indonesian Vice Minister of Foreign Affairs Pahala Mansyuri opened the Zanzibar-Indonesia Investment Forum in Bali in the beginning of September 2024.
Indonesia and Zanzibar Cooperate to Strengthen Blue Economy. (Foto: Kemlu)
Indonesia and Zanzibar Cooperate to Strengthen Blue Economy. (Foto: Kemlu)

On this occasion, Pahala also explained the Blue Economy Framework that has been developed by Indonesia, which is able to improve the management of marine resources in a sustainable manner and improve the welfare of the community. 

The potential for cooperation between Indonesia and Zanzibar exists in the blue economy sector, including tourism and hospitality, capture fisheries and aquaculture, port infrastructure development, seaweed processing, and the oil and gas sector.

"The blue economy is a highly potential sector for us to develop together. This is a golden opportunity for businesses to strengthen their presence in the East African market and build a more sustainable future," said Pahala.

Meanwhile, President Mwinyi said Zanzibar and Indonesia have many similarities as archipelagic countries with a strong commitment to the development of the maritime sector and the preservation of the marine environment.

"We invite business people and investors from Indonesia to actively participate in developing priority economic sectors in Zanzibar," said President Mwinyi.

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