Singapore-Indonesia Collaboration Continues With Green Economy And New Capital

Singapore-Indonesia Collaboration Continues With Green Economy And New Capital

Singaporeans’ interest in Indonesia’s new capital remains strong, with a focus on the green economy. Prime Minister Lee Hsien Loong emphasised the importance of collaboration during the Singapore-Indonesia Leaders’ Retreat. Discussions with President Joko Widodo discussed Singapore’s assistance in supplying sustainable energy to Nusantara, the projected capital. Notably, Sembcorp, a Singaporean state-owned corporation, is involved in this project, which supports President Jokowi’s goal.

Both presidents discussed coordinated projects in the green economy, such as collaboration on electricity exports. Potential cooperation includes Singapore installing cables to ease the trade of green electricity.

In addition, a memorandum of understanding on community empowerment initiatives in mangrove habitats has been signed. This agreement creates a framework for promoting sustainable mangrove use among local communities, beginning with a pilot project on Setokok Island in Batam.

Furthermore, a new scheme called Tech:X was announced to allow young tech workers from both countries to collaborate interchangeably. This programme seeks to strengthen relations between Singapore’s and Indonesia’s IT ecosystems, giving chances for international work experience and supporting growth in the digital economy.

These agreements represent a substantial relationship between Singapore and Indonesia, which benefits both countries economically and environmentally.