Strengthening business ties with Indonesia

NT Government

2 November 2022

The Australian Indonesian Business Council conference kicks off in Darwin today, further boosting business, trade and economic relationships between the Northern Territory and Indonesia.

More than 250 Indonesian and Australian business executives and government leaders will attend the three day event.

This year the theme for the conference is 'Partnering for Growth - Stronger, Together' highlighting how Australian and Indonesian economies overcame the challenges of COVID19 and how we can partner together to achieve stronger outcomes.

The Northern Territory Government is proud to be the host partner of the conference, which is designed to foster greater economic partnership between our two countries.

Indonesia is fast becoming one of the world's largest economies, with a population of over 270 million people, and has been identified as a high priority market in the Northern Territory International Engagement Strategy 2022-2026.

Already one of the Northern Territory's largest trading partners, during the 2021-2022 financial year, goods exported to Indonesia was at the highest level in more than a decade, reaching $556 million.

The AIBC conference provides an opportunity for Territory businesses to meet government and industry leaders, and gain valuable insights into trade and investment opportunities in Indonesia.

A key focus of the program is maximising business prospects in a range of sectors including agriculture, tourism, healthcare, education and the digital economy.

High profile speakers include HE Dr. Siswo Pramono, Indonesian Ambassador to Australia, M. Arsjad Rasjid P.M. Chairman of the Indonesian Chamber of Commerce and Industry and Hon Senator Don Farrell, Minister for Trade.

Also speaking is the Northern Territory Representative to Indonesia, Mr Yudistira Adipratama, who has the role of identifying engagement, trade and investment opportunities to assist Territory businesses to access the Indonesian market.

Minister for Northern Australia and Trade, Nicole Manison:

"With key government and business leaders attending, the AIBC conference provides a unique platform to network, be inspired by the best and brightest in key industries, and gain resources to boost your business strategy."

Indonesia's growing economy provides enormous opportunities for Territory businesses to harness trade relationships and attract new investment.

A strong relationship with Indonesia means a stronger Territory economy, with growing supply chains and jobs for Territorians."

NT Indonesian Representative Mr Yudistira Adipratama:

"The conference will be an excellent opportunity to highlight and reaffirm the unique role the Territory has in Australia's relationship with Indonesia.

I look forward to providing facilitations to businesses and strengthening the two‑way trade between the two jurisdictions."

Australian Indonesian Business Council National President Jennifer Mathews:

"The Australia Indonesia Business Council is delighted to partner with the Northern Territory Government in hosting this year's AIBC National Conference in Darwin."

With its strategic proximity to Indonesia, Darwin is the ideal location to explore opportunities for deepening Australia's trade and investment ties with Indonesia.

AIBC thanks the Northern Territory Government for its generous support as Host Partner for this year's national conference, highlighting the importance which the Northern Territory places on strengthening its trade and economic partnership with Indonesia.

We have a vibrant and diverse conference program built around the theme "Partnering for Growth: Stronger, Together", with expert speakers from across Australia and Indonesia sharing their insights on opportunities in agribusiness, education and training, infrastructure, the energy transition and many more - all sectors where there is strong potential to build strategic partnerships with Indonesia."

Northern Territory Government

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