Indonesians keen to invest in energy sector

More investment and joint collaboration are required to increase the trade volume between Indonesia and Bangladesh as there is huge trade gap between the two countries, said Rina P Soemarno, Indonesian ambassador to Bangladesh.

She also said Indonesian investors are interested to invest in Bangladesh’s energy and power sectors. She said this at the inauguration ceremony of Indonesia fair 2019, organised by the Embassy of the Republic of Indonesia in Dhaka for the second time at the International Convention Center Bashundhara (ICCB) yesterday.       

The three-day fair is focusing on trade, tourism and investment in between the two countries. The bilateral trade volume between the two nations last year reached $1.97 billion, most of it in favour of Jakarta.

According to Export Promotion Bureau (EPB), Bangladesh exported only $55 million worth of goods in 2017-18, up from $46.40 million in 2016-17. "Both Bangladesh and Indonesia are developing countries with similarities in many aspects," she said, adding that the two countries have been trusted partners for each other's development for many years.

The fair is not merely a trade show, as there will be other programmes to present Indonesian culture and tourism industry to the visitors, she added. Around 40 exhibitors are showcasing diverse consumer and industrial goods made in Indonesia, as well as services.

Indonesians keen to invest in energy sector

More investment and joint collaboration are required to increase the trade volume between Indonesia and Bangladesh as there is huge trade gap between the two countries, said Rina P Soemarno, Indonesian ambassador to Bangladesh. She also said Indonesian investors are interested to invest in Bangladeshs energy and power sectors. She said this at the inauguration ceremony of Indonesia fair 2019, organised by the Embassy of the Republic of Indonesia in Dhaka for the second time at the International Convention Center Bashundhara (ICCB) yesterday. The three-day fair is focusing on trade, tourism and investment in between the two countries. The bilateral trade volume between the two nations last year reached $1.97 billion, most of it in favour of Jakarta. According to Export Promotion Bureau (EPB), Bangladesh exported only $55 million worth of goods in 2017-18, up from $46.40 million in 2016-17. Both Bangladesh and Indonesia are developing countries with similarities in many aspects, she said, adding that the two countries have been trusted partners for each others development for many years. The fair is not merely a trade show, as there will be other programmes to present Indonesian culture and tourism industry to the visitors, she added. Around 40 exhibitors are showcasing diverse consumer and industrial goods made in Indonesia, as well as services.