KUALA LUMPUR, May 12 (Bernama) — The delegation from Fujian Province to Indonesia has conducted a series of economic, trade, and cultural exchange and promotion activities, deepening the friendship between Fujian and Indonesia and promoting regional collaboration between the two sides.
Secretary of Fujian Provincial Committee and Chairman of the Standing Committee of Fujian Provincial People’s Congress, Zhou Zuyi led the delegation from May 8 to 10, according to the Information Office of Fujian Provincial People’s Government in a statement.
At the China-Indonesia “Two Countries, Twin Parks” (TCTP) Economic and Trade Cooperation Promotion Conference on May 9, 21 projects including the China-Indonesia TCTP Infrastructure Construction Fund, were signed on-site, with a total contract amount of 43.2 billion Chinese yuan. (100 Chinese yuan=RM64.41)
As early as 2019, Fujian proposed the China-Indonesia TCTP initiative in which the idea of establishing industrial parks in each respective country would lay the groundwork for exploring a cooperation mechanism featuring industrial, infrastructural connectivity and preferential policies, synergising China’s Belt and Road Initiative and Indonesia’s vision for the Global Maritime Fulcrum.
The Chinese Park is centered on the Fuzhou Yuanhong Investment Zone, with a planned area of 60 square kilometres, while the Indonesian Park includes Bintan Industrial Estate, Aviarna Industrial Estate and Batang Industrial Park, with a planned area of 87.6 square kilometres.
In addition, Fujian and Indonesia have deep historical roots. In ancient times, Fujian was a key starting point of the Maritime Silk Road, while Indonesia was a vital hub along the route, with the earliest and largest number of Fujian settlers.
Fujian and Indonesia are forging new friendship and drawing new blueprints for common progress, thanks to the long-standing maritime connection, with both sides having enjoyed closer interactions, tighter economic and trade cooperation as well as stronger growth potential, especially since the twinning of Fujian Province and Central Java Province in 2003.
— BERNAMA
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