"The MoUs signed today involve almost US$2.4 billion. The MoUs cover four areas of cooperation. One of them involves our state construction firm Wijaya Karya," Kadin Chairman Rosan Roeslani said.Jakarta (ANTARA News) - The Indonesian Chamber of Commerce and Industry (Kadin) signed four Memorandums of Understanding (MoUs) with Saudi companies here on Thursday.
"The MoUs signed today involve almost US$2.4 billion. The MoUs cover four areas of cooperation. One of them involves our state construction firm Wijaya Karya," Kadin Chairman Rosan Roeslani said during the Indonesia-Saudi Arabia Business Forum in Jakarta.
Through the business forum, Saudi Arabia which is the largest economy in the Middle East will hopefully increase their investment in Indonesia, he said.
The four areas of cooperation include housing construction, energy, health and tourism.
In the housing construction sector, state-owned construction firm PT Wijaya Karya (WIKA) will be involved in the construction of eight thousand units of houses in Saudi Arabia with a total value of US$2 billion.
In the energy sector, Saudi company will invest US$100 million in the construction of a biomass power plant in Indonesia. The cooperation will involve Anugerah Bumi Hijau Producer Cooperative and Alfanar Energy.
The cooperation in the health sector will involve Healthcare Bunda Medik of Indonesia and Aloula Medical Care of Saudi Arabia.
The tourism cooperation is particularly related to hajj pilgrimage and umroh.
"They tried to increase tourism cooperation through (the organization of) hajj pilgrimage and umroh with one of the three largest investment companies in Saudi Arabia. They will invest their fund through hajj pilgrimage and umroh," he said.(*)
Editor: Heru Purwanto
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