JAKARTA — March 10, 2017: Malaysia and Indonesia plan to jointly develop areas along their common border by undertaking economic development projects.
In this regard, Malaysia is interested to develop these areas through agricultural and industrial projects.
The embassy here has held preliminary discussions with Indonesia’s ministry of village, disadvantaged region development and transmigration on the proposal.
A joint committee to be formed will discuss in detail the technical and collaborative aspects first.
Malaysian ambassador to Indonesia Datuk Seri Zahrain Mohamed Hashim spoke about the plan to reporters after a courtesy call on Indonesian minister Eko Putro Sandjojo today.
The length of the border between Malaysia and Indonesia is 2,000 kilometres, with about 40 per cent comprising hilly terrain.
Malaysia is one of the largest foreign investors in Indonesia and the government has targeted an investment of US$25 billion (US$1 = RM4.46) by 2020.
Eko Putro said that Indonesia appreciates Malaysia’s interest to develop the border areas.
Among the investments areas that can be undertaken by Malaysia are in the electricity, coal and agricultural sectors, he said. — Bernama