Focus

Anwar witness several, MOUs, LOIs and MoC in maiden visit as prime minister to Jakarta

08 Jan 2023 09:02pm
Image for illustrative purposes only - BERNAMA
Image for illustrative purposes only - BERNAMA
JAKARTA - Prime Minister Datuk Seri Anwar Ibrahim on Sunday witnessed nine memorandum of understandings (MoUs) exchange involving Malaysian companies on both projects and collaboration as well as a string of letters of intent (LOI) handover.

The MoU between ASIC Offshore and Marine Sdn Bhd and PT Dok dan Perkapalan Kodja Bahari has an estimated value of more than RM500 million over two years.

Both companies aim to capture market share for engineering, shipbuilding, ship repair, financial investment for production instrument and production facilities, onshore and offshore engineering, fabrication, and for business shipbuilding and ship repair from national shipping companies within the Indonesian region.

The Commitment of Cooperation Agreement between AIROD Sdn Bhd and PT Dirgantara Indonesia has a potential value of RM660 million for the five-year modernisation project which would be later deliberated, arranged and formalised in a separate agreement and/or purchase order between the parties.

The ministers present in the MOUs exchange were Minister of International Trade and Industry Tengku Datuk Seri Zafrul Tengku Abdul Aziz and Minister of Foreign Affairs Datuk Seri Zambry Abd Kadir.

Others include Minister of Foreign Affairs of Indonesia Retno Marsudi and Ministry of Public Works and Housing of Indonesia Basuki Hadimuljono.

Other MoUs were on Business Cooperation between Export-Import Bank of Malaysia Bhd and Lembaga Pembiayaan Eksport Indonesia, Citaglobal Bhd and Indonesia Battery Corporation, AWC Bhd and PT GKM (Kek Maloy) and AWC Bhd dan PT Bintang Timur Investama.

There was also memorandum of collaborations (MoC) between FGV Holdings and PT Perkebunan Nusantara Indonesia (PTPN), Penjana Kapital Sdn Bhd and Indies Capital-AC Ventures as well as SIRIM Bhd and Indonesia’s National Research and Innovation Agency.

During the same ceremony, a total of 11 LOIs were exchanged during the event involving 10 Malaysia companies that planned to participate in the development of Indonesia’s new capital, Nusantara.
Related Articles:


The companies were Success Electronics and Transformer Manufacturer Sdn Bhd, which wants to implement Smart LED Street Lighting, and Carsome keens to digitalise automotive trade in Nusantara.

Produces aluminum cable and copper cables, Olympic Cable Company (OSK Group) wants to expand its products including control cables, instrumentation cables, multicore cables and telecommunication cables.

Boustead Properties Bhd offers property development and knowledge sharing in developing and nurturing sustainable smart intelligent townships.

Berjaya Corporation Bhd offers expertise in solid waste management, drinking water supply, property and housing development and smart city technology

Pharmaniaga Bhd wants to provide affordable and quality healthcare products and services while Alliance MEP (Sarawak) Sdn Bhd aims to provide professional services.

Protasco Bhd (HCM Engineering) offers to develop infrastructure and government housing and Protasco Bhd (i2 Energy) wants to develop renewable energy and charging stations while Reneuco Bhd aims to provide sustainable energy and utilities services.

Meanwhile, Tenaga Nasional Bhd, which hopes to explore and participate in the development and operation of energy solutions, handed over its LOI to PT Perusahaan Listrik Negara.

Prime Minister Datuk Seri Anwar Ibrahim arrived in Indonesia today on his first official visit since taking office on Nov 24. - BERNAMA

Anwar Ibrahim
official visit
Indonesia
MoU
LoI
More Like This
A policeman who was swept by strong currents while bathing with friends in an irrigation canal at Jalan Utama Changkat Lada, near Kampung Gajah yesterday was found drowned today. - Photo by Bernama
A policeman who was swept by strong currents while bathing with friends in an irrigation canal at Jalan Utama Changkat Lada, near Kampung Gajah yesterday was found drowned today. - Photo by Bernama
National Policeman found drowned in canal
The body was found at 4.55am and handed over to the police for further action.
Photo for illustration purposes only.
Photo for illustration purposes only.
National Ringgit rises against US dollar as DXY declines
As of 8am, the ringgit was trading at 4.5010/5100 against the greenback, up from 4.5055/5100 at Friday's close.
ECRL, valued at RM50 billion, has reached 72.93 per cent completion as of September 2024. Spanning 665 kilometres, the ECRL will connect the Klang Valley to the East Coast, reducing travel time between Kota Bharu and Gombak from seven hours by road to four hours by rail. - File photo
ECRL, valued at RM50 billion, has reached 72.93 per cent completion as of September 2024. Spanning 665 kilometres, the ECRL will connect the Klang Valley to the East Coast, reducing travel time between Kota Bharu and Gombak from seven hours by road to four hours by rail. - File photo
National Key projects make rapid progress, changing Malaysia's transportation landscape
Mammoth projects like the KL Sentral redevelopment, Pan Borneo Highway and the East Coast Rail Link (ECRL) are modernising urban centres and creating transport-oriented development.
Photo for illustration purpose only. - Photo illustrated via Canva
Photo for illustration purpose only. - Photo illustrated via Canva
National UMS: Three decades of excellence in Sabah's higher education and counting
Established on November 24, 1994, UMS has achieved remarkable milestones, including publishing hundreds of high-impact journals and producing groundbreaking innovations and research with some of this work being incorporated into government policies, contributing significantly to Malaysia’s...