Hwang Sung-yeop, president of the Korea Financial Investment Association, meets with Ambassador to Korea Cecep Herawan of Indonesia to discuss ways to expand bilateral investment cooperation, including Indonesia's new capital transfer project./Courtesy of Korea Financial Investment Association

The Korea Financial Investment Association said Chair Hwang Sung-yeop met on the 15th with Checep Herawan, Indonesia's ambassador to Korea, to discuss ways to expand bilateral investment cooperation, including Indonesia's new capital transfer project.

Economic officials from the embassy also attended the meeting and exchanged broad views on trends in Indonesia's financial market, key development projects, the investment environment, and policy direction.

The Indonesian side explained investment and industrial policies and strategies to attract foreign investment, and noted its intent to expand cooperation with Korea's financial investment industry.

At the meeting, the association expressed interest in major development projects, including construction of Indonesia's new capital (Nusantara), and agreed to explore a range of cooperation opportunities, including future investments in real assets.

Hwang said, "Indonesia is a core growth market in Southeast Asia, where large-scale investment opportunities such as new capital development are opening," adding, "We will use this meeting to broaden points of contact for bilateral investment cooperation and identify concrete cooperative tasks."

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