Indonesia boosts industrial co-operation with China, S Korea

Indonesia has boosted its co-operation with China and South Korea in order to encourage effective exchanges in the industrial field, Thai EconomicNews Service reported.

Indonesia’s memorandum of understanding (MoU) with China aims to develop joint efforts in the manufacturing industry sector for a period of five years. It is related to aircraft raw materials, solar photovoltaic systems, electronic components, home appliances, the freight industry, small and medium-sized industries (SMEs), as well as industrial parks.

The deal with South Korea covers bilateral co-operation in the development, investment and joint projects in the industrial sector, Thai EconomicNews Service noted.

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