JK Meets SMBC to Discuss Infrastructure Investment

TOKYO - Vice President of the Republic of Indonesia Jusuf Kalla (JK) is scheduled to meet with Sumitomo-Mitsui Banking Cooperation (SMBC) leader at the Imperial Hotel in Tokyo today (6/5). The main agenda of the meeting is discussing infrastructure development investment.

SMBC has invested heavily in infrastructure development, one of which is Mass Rapid Transit (MRT) development in Jakarta, as well as private port and finance corporation’s projects. The meeting will be conducted with three SMBC leaders, SMBC CEO Makoto Takashima, Asia Regional International Banking Deputy Shosuke Mori, and General Manager of Business Development Department, Kimoto.

The meeting was confirmed by Rahmat Gobel, Special Envoy of the President of the Investment Sector for Japan, who said in a report on antaranews.com (6/5/2017), "I have not been able to confirm yet, almost certainly about the Jakarta-Surabaya train."

Based on data from the Indonesia Investment Coordinating Board (BKPM) 2016, Japan became the second largest foreign investor with an investment realisation of Rp 4,5 billion, while Singapore's first largest investor.

Vice President Jusuf Kalla at the meeting will be accompanied by Indonesian Ambassador to Japan Arifin Tasrif, President Special Envoy of Investment for Japan Rahmat Gobel, former Indonesian Ambassador to Japan and former Minister of Trade Muhammad Lutfi, Head of Secretary of Vice President Mohammad Oemar, Special Staff for Economy and Finance Wijayanto, and Chairman of Vice Presidential Team Sofyan Wanandi.