ukms.or.id – Moduit Digital Indonesia signs MoU for Two Countries Twin Parks Initiative , PT Moduit Digital Indonesia (Moduit) announced a partnership with a Regional-Owned Enterprise (BUMD) from the People’s Republic of China (PRC) or China, Fuzhou Zuohai Holding Group Co. In this partnership, Moduit acts as an advisor and helps Fuzhou Zuohai Holding Group Co, to connect investors from China, especially the Fujian region who want to invest in the Indonesian capital market.
The signing of the agreement or memorandum of understanding (MoU) was carried out by Founder & CEO of PT Moduit Digital Indonesia Jeffry Lomanto and Fuzhou Zuohai Holding Group Co at the China (Fujian) – Indonesia “Two Countries Twin Parks (TCTP), Economic and Trade Cooperation Promotion Conference,” in Jakarta (9/05/2023).
“Moduit is very honored to be trusted by being appointed as an advisor in this project. The appointment of Moduit as an advisor proves that we are expert and trusted professionals in this field,” said Jeffry Lomanto in his statement
The signing of the cooperation between Moduit and Fuzhou Zuohai was witnessed by Coordinating Minister for Maritime Affairs & Investment Luhut Binsar Pandjaitan, Minister of Maritime Affairs & Fisheries Sakti Wahyu Trenggono, Deputy Minister I of SOEs Pahala Mansury, Secretary of the Coordinating Ministry for Maritime Affairs and Secretary General of HDCM RI-RRT Ayodhia G. L. Kalake, Secretary General of the Ministry of Maritime Affairs & Investment.
Furthermore, the Director of East Asia of the Ministry of Foreign Affairs, the Indonesian Consul General in Guangzhou, the Regent of Bintan Regency, the Secretary of Central Java Province, the Secretary of Semarang City, the Assistant for Economic and Development Administration, Riau Islands Province, the Head of the Batang Regency Investment and Integrated Services Office, and other relevant officials. Meanwhile, the Chinese side was represented by Fujian Provincial Party Secretary Zhou Zuyi and Chinese Ambassador to Indonesia Lu Kang.
On that occasion, Luhut Binsar Pandjaitan said that Two Countries Twin Parks or TCTP was initiated with the intention of promoting synergy between the two countries’ priority development visions, namely the ‘World Maritime Axis’ and ‘Belt Road Initiatives’, in the form of industrial estate cooperation.
TCPC has been running since the signing of the MoU between the two countries on January 12, 2021. The industrial zones agreed in the cooperation are, Yuanhong Investment Zone in China with industrial zones in Bintan, Semarang, and Batang in Indonesia.
The priority sectors that are encouraged within the TCPC framework are the maritime industry, food manufacturing, building materials, electronics, and other sectors.
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“TCPC is expected to continue increasing Chinese investment in Indonesia, especially in the industrial sector. For the record, during the period of 2018 to 2022, the value of Chinese investment in Indonesia reached US$ 23.35 billion, implemented in more than 12,200 projects,” Luhut said.
At the TCPC Economic & Trade Cooperation Promotion Conference in Jakarta, 21 cooperation projects worth around RMB 43.2 billion or around US$ 6.36 billion were signed by 40 business players, including Moduit’s cooperation with Fuzhou Zuohai Holding Group Co.
By actively participating in this initiative as an investment advisor, Moduit can be part of accelerating infrastructure development in Indonesia for the welfare of the people. This will also help us in achieving Moduit’s vision of “Everyone Has the Right to Prosper”.
“Moduit believes that technology is the key enabler of its value proposition and has developed a user-friendly application that empowers clients to navigate the wealth management process with ease, and has helped tens of thousands of individuals & Institutions achieve their financial goals,” said Jeffry.