IDXChannel - Indonesia is strongly committed to contribute in achieving sustainable development, among others by accelerating energy transition.
"In this connection, I appreciate the inclusion of Indonesia as Switzerland's Development Cooperation Priority Country for 2021-2024, for the fourth time in a row," said Foreign Minister Retno Marsudi after holding a bilateral meeting with Swiss top diplomat Ignazio Cassis in Jakarta on Wednesday (3/8/2023).
This program has already funded 37 projects in the public-private sectors, including the Renewable Energy Skills Development initiative and initiatives under the MoU on Sustainable Landscape.
"Onwards, I hope that we can explore more initiatives through this cooperation framework to develop and support green development in Indonesia," she added.
Switzerland is Indonesia's second largest European investor in 2021. It is also the largest economy in the European Free Trade Association (EFTA).
"To further boost investment partnership, I underlined the importance to ensure the Bilateral Investment Treaty can be ratified within this year," she estated.
According to Retno, the treaty will provide legal protection and business certainty for investors.
"We also would like to collaborate with Switzerland in the development of Indonesia's new capital, Nusantara. Especially in areas such as hospitality industries and higher education," she revealed. (WHY)