, Hong Kong
/Hong Kong Government

HK and Indonesia ink 15 deals on trading, commerce, and finance

The memoranda were signed during Chief Executive John Lee’s Jakarta visit.

Chief Executive John Lee, leading a Hong Kong Special Administrative Region delegation, visited the Jakarta-Bandung High-Speed Railway and meeting local merchants, where the pacts were signed between Hong Kong and Indonesia.

Government departments, enterprises, and institutions of Hong Kong and Indonesia signed 15 memoranda of understanding and deals in trading and commerce, finance, logistics, maritime services, professional services, exchange of meteorological information, and cooperation in aerospace technology.

Prior to this, Lee urged the local office of a Hong Kong insurance company, FWD Group, to understand its business development in Indonesia. He hoped that the group could share its successful experience with other Hong Kong firms seeking to enter the market in Association of Southeast Asian Nations (ASEAN) member regions.

The delegation attended a business luncheon organised by the Hong Kong SAR Government and the Hong Kong Trade Development Council. Addressing about 200 local government and business leaders, Lee lauded Hong Kong’s development opportunities brought about by the strong support of the motherland and the close connection to the world under “one country, two systems.”

Lee also went to the Jakarta-Bandung High Speed Railway, which will be commissioned in August. He added that connecting Jakarta and Bandung - the capital of West Java Province and Indonesia’s third-largest city - the railway is a key project of the Belt & Road Initiative.

Join Hong Kong Business community
Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!

Exclusives

Hong Kong, China told to ban ‘zero-dollar’ tours
Retailers should improve customer service and create unique experiences to stay in the game.
Bonhams builds new headquarters in Hong Kong
It joins Sotheby’s, Phillips, and Christie’s, which have all upgraded their local spaces.