By: Momodou L Jaiteh, Founder of KABA Communications.
Indonesia on Wednesday held “West Java- Africa Investment Round Table” virtually bringing together participants in Africa and Asia to discuss investment matters.
The meeting revolving around the theme: “Sustainability and Strength Synergy for Infrastructure and Commerce,” was meant to help participants’ access wisdom towards financial liberty and become an ecosystem builder, among other things.
Associate Prof. Dr. Murpin Josua Sembiring, the Rector of Ma Chung University, Malang Indonesia, a co-host gave his opening remark and welcomed the delegates
Speaking during the round table, Harris Yahya, the immediate past director of New and Renewable Energy (various energies), who currently, has been appointed the Director for Geothermal of the Ministry of Energy and Mineral Resources (MEMR) buttressed the great potential of renewable energy in West Java region, an opportunity for all potential partners and investors.
He also commended the organizers and their partners for coming up with such an important event while reiterating the need to further continue the meetings in the future.
According to him, Indonesia has embarked on a rapid economic development drive; partnering with businesses, organizations, and governments “moving from country-to-country, continent-to-continent with the “win-win” spirit.
He also drew a parallel connection between Indonesia and Africa in terms of climatic conditions, cultural diversities, agricultural activities, and resource potentials, saying the two have a lot in common.
Mr. Harris went on to underscore the great potentials found among the youth and the population in Indonesia, which he projected, would be among the highest in Asia in 2045.
The Indonesians, he continues, “speaking more than 2000 languages are truly University in diversity.”
The Head of the West Java Investment and One-Stop Service Agency who was equally a co-host and the organizers, Ms. Noneng Komara Nengsih, gave her presentation of the massive infrastructural development projects and agenda of the West Java Government driven by His Excellency, the Executive Governor.
She told the participants that via the visionary plan of the governor, West Java Economy has become the foremost region in terms of infrastructural development socio-economic progress, and receiver of Foreign Direct Investment (FDI). West Java Economy is now the highest investment destination in Indonesia.
Speaking also, the head of West Java Industrial and Trade Agency told the meeting some of the export from West Java in Indonesia to African markets.
She pointed out that such exports included clothing, foot-wears, and foodstuffs among other things.
The regional Head of Bank of Indonesia (Indonesia Central Bank) in West Java, Mr. HERAWANTO who was represented by the Deputy Head of Bank of Indonesia, West Java, Mr. Bambang Pramono, in his presentation, also highlighted some of the things his bank has done to promote trade and cooperation between Indonesia and other countries.
The African delegates and speakers such as Engr. Henry Nduka Awuregu, the Director-General of Enugu State Chamber of Commerce Industry, Mines and Agriculture ECCIMA who is also the Director-General, South East Chambers of Commerce and Industry, Mines and Agriculture SECCIMA informed the Participants the agenda of SECCIMA to establish a trade relationship with West Java Government and Indonesia in general and hope to deepen collaboration between SECCIMA and Indonesian Institutions for collaboration among both countries higher Institutions of learning, to promote cross-cultural communication and as well of improvement of skills through capacity building.
He also proposed for continuous efforts at both sides to achieve sending and welcoming trade delegation during major events such as trade fairs, conferences by both sides.
Also presenting during the online meeting was Dr. Ir. Stefanus Yufra Menahen Taneo, the Vice Rector of Ma Chung University.
Other speakers at the meeting included Mr. Kingsley AZIEH CHE who is a successful Cameroonian businessman based in China, who made a presentation about what his Group of companies is doing in a different part of the world. He made a presentation about their massive investment in INFRASTRUCTURES in Africa, the USA, and other places in the United Arab Emirates (UAE).
Also, one of the keynote speakers was the Executive Director of the Chicason Group, Mr. Chux Adike. He made a presentation about CHICASON GROUP which is a conglomerate with their headquarter in Nigeria and has branches in several parts of the world. He presented a master plan of the proposed Abuja City Center Project that would be built in Abuja Nigeria by his real estate group at an estimated cost of 2 BILLION U.S DOLLARS. Mr. Chux invited all potential investors as well as partners who are interested in the Nigeria real estate opportunity who wish to invest in Nigeria.
Other several VVIP who took part in the webinar is the Ambassador of MOZAMBIQUE to Jakarta Indonesia, the Executive Secretary of the Nigerian Price for Leadership, Dr Ike Neliaku representing ABC Shelters, a real estate giant in Nigeria.
Indeed there were business executives, Directors, other notable Commercial banks in Indonesia, Institutions from Nigeria as well as other participants from Africa and Asia.
State-owned Enterprises (SOE) such as PINDAD (the Indonesian Government-owned Military Industry), LEN INDUSTRY, BIOFARMA, which are among the leading Industries in Indonesia participated.
The co-host Mr. Nwaba Eugene C. representing W2POINTS and a BLOCKCHAIN TECHNOLOGY in China gave his closing remarks. He thanked the co-host, and various organizers, Prof. Chatief Kunjaya, Mr. Deni Rusyana.
In his contribution, he asked an important question to Mr. Kingsley if his group is interested to invest in Indonesia.
He also used the opportunity to ask the Director-General of ECCIMA/SECCIMA if they were interested to establish practical working cooperation with West Java to which both presenters responded affirmatively.
Other co-hosts such as the premier top one University, Institute Technology Bandung ITB, and Ma Chung University, and BANK JEBAR BANTEN made their closing remarks and bringing the webinar to its closure.
