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Indonesia and Japan are exploring stronger automotive cooperation

Diposting pada 24 Juni 2024 oleh admin / Dilihat: 0 kali

Jakarta (ANTARA) – Minister of Industry Agus Gumiwang Kartasasmita met with Japanese Minister of Economy, Trade and Industry Ken Saito in Tokyo this weekend to discuss the potential for increasing cooperation in the manufacturing industry, especially automotive.

The Ministry of Industry in its press release on Sunday, Kartasasmita expressed his appreciation to Japanese automotive companies which continue to carry out their activities positively, including deepening their involvement in the Indonesian automotive production ecosystem by involving small and medium industries.

Seeing these positive conditions, he encouraged increased cooperation with Japan to participate in developing the electric vehicle ecosystem in Indonesia.

The Minister of Finance also highlighted the big opportunity for the Japanese automotive industry to help fill the gap in per capita consumption of automotive products in Indonesia.

“Currently the car ownership ratio in Indonesia is 99 cars per 1,000 population. “I am sure that in the near future it can be pushed to 150 cars per 1,000 (population),” he said.

Apart from cooperation in the automotive industry, Kartasasmita also encouraged increased cooperation on the energy transition, following President Joko Widodo’s meeting with Japanese Prime Minister Fumio Kishida who discussed priority energy transition projects in Japan in December 2023.

He also pushed for the finalization of the Amendment Protocol to the Indonesia-Japan Economic Partnership Agreement (IJEPA), because the two countries had completed substantive negotiations regarding the protocol within the IJEPA framework.

According to him, IJEPA has a crucial and strategic role for both countries. This also applies to the New MIDEC (Manufacturing Industry Development Center) collaboration program which is part of IJEPA.

Therefore, the Minister of Finance hopes for the support of the Japanese Ministry of Economy, Trade and Industry to encourage the implementation of IJEPA and the implementation of New MIDEC activities in the future.

In their meeting last Friday (21 June), the two ministers also discussed cooperation in developing industrial human resources.

Kartasasmita also highlighted plans for an industrial human resources exchange program between Indonesia and Japan, which would allow Indonesian workers to participate in special training programs in Japan and gain advanced knowledge and skills.

Minister Saito welcomed the idea of ​​increasing cooperation between the two countries presented by Minister Kartasasmita.

He stated that his ministry was paying great attention by providing a number of budgets to encourage cooperation with Global South countries.

Regarding cooperation between the automotive industry and Indonesia, he acknowledged that Indonesia is an important base for Japanese automotive production and exports. Japanese automotive companies’ investments in Indonesia provide benefits for both countries, he said.

The two ministers are scheduled to meet again in August to discuss cooperation in the industrial sectors of the two countries.

Related news: Indonesia seeks to optimize cooperation with Japan through JETRO

Related news: Indonesia and Japan sign exchange of yen loan notes in MRT project

Translator: Shofi Ayudiana, Raka Adji
Editor: Tia Mutiasari
Copyright © ANTARA 2024

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Indonesia and Japan are exploring stronger automotive cooperation

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