The rupiah depreciation lately has made investment in Indonesia very attractive ..."
Jakarta (ANTARA News)- President Joko Widodo (Jokowi) has expressed his hope for more concrete bilateral cooperation established between Indonesia and Japan as well as Indonesia and China.

"The state visits are to follow up talks held in November last year with Chinese President Xi Jin Ping and Japanese Prime Minister Shinzo Abe," Jokowi said here on Sunday prior to his departure to Tokyo.

The Indonesian head of state left Jakarta for Tokyo on Sunday for an overseas trip that will take him to Japan, China and Malaysia, until March 28, 2015.

The head of state is scheduled to make state visits to Japan and China, from March 22 to 28, 2015, to intensify economic cooperation.

He will be in Tokyo on March 22-25, and proceed to Beijing for a two-day state visit until March 27.

Jokowi said the state visits are related to Indonesias development agenda to accelerate the constructions of infrastructure, and intensify manufactures and investment.

The weakening of rupiah against the US dollar is a sign for the improvement of Indonesias economy, he noted.

"The rupiah depreciation lately has made investment in Indonesia very attractive and competitive as a production base," President Jokowi remarked.

Japan has become the second largest investor in Indonesia, while China has a huge potential to invest in Indonesia.

Jokowi said many Japanese manufacturing industries are operating in Indonesia, and hopefully the number will increase in the future.

"We appreciate not only for the capital that they brought here, but also the technology, system and networking that they own and could be applied in Indonesia," the president said.

The presidential entourage in the overseas trip comprises, among others, Foreign Affairs Minister Retno LP Marsudi, State Enterprises Minister Rini Soemarno, the defense minister and Cabinet Secretary Andi Widjajanto.

Also Trade Minister Rahmat Goberl, Coordinating Minister for Economic Affairs Sofyan Djalil, Chief of the Indonesian Defense Forces (TNI) Moeldoko, and Chairman of the Investment Coordinating Board (BKPM) Franky Sibarani.
(Uu.F001)

Editor: Priyambodo RH
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