Monday, 17 June 2019 | 12:07 WIB

Jokowi Invites Singapore to Invest in Indonesia’s Digital, Tourism Sectors

President Joko Widodo

JAKARTA, NETRALNEWS.COM - President Joko "Jokowi" Widodo invited Singaporean investors to invest in two emerging sectors today: the digital economy and tourism.

This was conveyed by the President as a keynote speaker in the Indonesia-Singapore Business Forum, at Marina Bay Cruise Center, Singapore, Thursday.

"Currently, of the 13 largest companies in the world, eight companies are companies in the field of technology, obviously this is a historic opportunity in today's digital revolution," said the President, as quoted from the official website of the Cabinet Secretariat on Thursday (9/7/2017)

President Jokowi said currently Indonesia is enjoying the development of e-commerce industry and the development of digital start-up companies with a total value of about $1 billion.

"And given the size of our domestic market, these companies will still emerge in the following years. Therefore, we must reorganize relations between Indonesia and Singapore to respond to the digital revolution," the President said.

Jokowi also called the city of Batam as the nearest Indonesian city to Singapore should be provider of service of digital products to Singapore.

So in the future, Batam is expected to be a digital bridge to connect Singapore to other digital communities in various cities in Indonesia such as Jakarta, Bandung, Yogyakarta, Bali, and other cities.

Meanwhile in the tourism sector, the President said that this sector is an opportunity shared by both countries as a result of the rising number of middle class from China, India and some countries in Asia Pacific.

"As a result of the boom in tourism, Indonesia introduces a program called 'Ten New Bali," said the President.

In addition to cooperation between the two countries in the field of water travel, Singapore which is the hub of various regional airlines is expected to be a liaison and gates to bring in tourists to Indonesia by opening new flight routes to new destinations in Indonesia.

"In the next twelve months, airports in Lake Toba, North Sumatra and Labuan Bajo, Komodo Island will be converted to international airports," said Jokowi. (*)