Saudi-Indonesian Roundtable Discusses Boosting Investment Partnership 

Saudi Minister of Investment Khalid al-Falih at the roundtable meeting. (SPA) 
Saudi Minister of Investment Khalid al-Falih at the roundtable meeting. (SPA) 
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Saudi-Indonesian Roundtable Discusses Boosting Investment Partnership 

Saudi Minister of Investment Khalid al-Falih at the roundtable meeting. (SPA) 
Saudi Minister of Investment Khalid al-Falih at the roundtable meeting. (SPA) 

Saudi and Indonesian officials held a roundtable meeting in Riyadh in the presence of Minister of Investment Khalid al-Falih and Indonesian Trade Minister Zulkifli Hasan, along with distinguished officials from both countries and significant private-sector representatives.

They discussed various aspects of investment partnerships in fields such as energy, healthcare, food, agriculture, human resources, and education.

They explored ways to strengthen and increase investments by leading Saudi and Indonesian companies in both nations.

The meeting reviewed investment opportunities in Saudi Arabia and Indonesia and ways to enhance economic and investment ties, foster quality investments, and enable the private sector to benefit from investment opportunities.

Furthermore, the meeting witnessed the signing of memoranda of understanding (MoU) in the human-resources sector.

The MoU aims to strengthen strategic cooperation and promote awareness, labor culture, training programs, knowledge exchange, and providing technical consultations through seminars and conferences that can be held in both countries.

On Wednesday, Indonesian President Joko Widodo and an accompanying delegation arrived in Riyadh to participate in the Gulf Cooperation Council (GCC) and the ASEAN summit.

He was received at King Khalid International Airport by Riyadh Governor Prince Faisal bin Bandar bin Abdulaziz and a number of Saudi ministers and officials.



Indonesia, Singapore Sign Deals on Power Trade, Carbon Capture 

Indonesian Energy and Mineral Resources Minister Bahlil Lahadalia speaks to the media during a press conference at the presidential palace in Jakarta, Indonesia, Tuesday, June 10, 2025. (AP) 
Indonesian Energy and Mineral Resources Minister Bahlil Lahadalia speaks to the media during a press conference at the presidential palace in Jakarta, Indonesia, Tuesday, June 10, 2025. (AP) 
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Indonesia, Singapore Sign Deals on Power Trade, Carbon Capture 

Indonesian Energy and Mineral Resources Minister Bahlil Lahadalia speaks to the media during a press conference at the presidential palace in Jakarta, Indonesia, Tuesday, June 10, 2025. (AP) 
Indonesian Energy and Mineral Resources Minister Bahlil Lahadalia speaks to the media during a press conference at the presidential palace in Jakarta, Indonesia, Tuesday, June 10, 2025. (AP) 

Indonesia and Singapore signed initial deals on Friday to develop cross-border trade in low carbon electricity and collaborate on carbon capture and storage, ministers from both countries said in Jakarta.

The electricity deal reaffirmed an earlier agreement to export solar power from Indonesia to Singapore, with a group of companies planning to build plants and grid infrastructure to generate and transmit the power.

The memorandum of understanding signed by the two countries says they will aim to draw up policies, regulatory frameworks and business arrangements that will enable Indonesian power to be delivered to Singapore.

Indonesia expects to export 3.4 gigawatts of low-carbon power by 2035, according to a presentation slide shown by Indonesia's energy minister Bahlil Lahadalia.

In another MoU, the two countries said they would look into drawing up a legally binding agreement for carbon capture and storage that would allow cross-border projects to go ahead.

If successful, it will be the first such project in Asia, said Singapore government minister Tan See Leng.

Energy firms BP, ExxonMobil, and Indonesia's state company Pertamina are already developing CCS projects in Indonesia.

With its depleted oil and gas reservoirs and saline aquifers capable of storing hundreds of gigatons of CO2, Indonesia has allowed CCS operators to set aside 30% of their storage capacity for carbon captured in other countries.

The two countries also signed a deal for the development of sustainable industrial zones on several Indonesian islands near Singapore, including Batam, Bintan and Karimun.

Bahlil said the deals could bring in more than $10 billion of investment from the manufacturing of solar panels, the development of CCS projects and potential investment in industrial estates.