Bisnis.com, JAKARTA - Indonesian President Joko Widodo (Jokowi) made a working visit to China, Japan and South Korea (South Korea) a few days ago.In addition to meeting with the heads of state, President Jokowi also opened a communication forum with big businessmen in the three countries.As a result, Jokowi and the Indonesian delegation managed to record a business deal or investment commitment with a pretty fantastic value.China became the first country visited by Jokowi and the Indonesian delegation.The bilateral meeting between Indonesian President Joko Widodo (Jokowi) and Chinese President Xi Jinping, at Villa 14, Diaoyutai State Guesthouse, Beijing on Tuesday (26/7/2022) resulted in a number of agreements between Indonesia and China.During the meeting, the two leaders expressed their commitment to strengthening mutually beneficial economic cooperation for both countries as well as the region and the world."China is Indonesia's comprehensive strategic partner. We must fill this partnership with cooperation that is beneficial for our country, as well as for the region and the world," Jokowi said in his statement quoted from the Cabinet Secretariat, Tuesday (26/7/2022).Although no investment commitment value was mentioned, here is a list of 7 agreements between Indonesia and China that were made after the meeting between President Jokowi and Chinese President Xi Jinping:1. Renewal of Memorandum of Understanding (MoU) for Synergy of the World Maritime Axis and Belt Road Initiative 2. MoU on Vaccine and Genomics Development and Research Cooperation 3. MoU on Green Development 4. Maritime Cooperation Arrangement 5. Protocol on Indonesian Pineapple Exports 6. Cooperation Arrangements Information Exchange and Customs Violation Enforcement 7. Action Plan for Cooperation in Cybersecurity and Technology Capacity Development.Indonesian President Joko Widodo's meeting with a number of CEOs of Japanese companies in Tokyo managed to bring home investment commitments worth US$5.2 billion or equivalent to Rp75.4 trillion.President Jokowi in the meeting stated that Japan is one of the largest investors in Indonesia with a quality investment character.However, Jokowi hopes that Japan can spur competitiveness with other investors in Indonesia.“I really appreciate the quality of Japanese investment.However, I also hope that Japanese investors will consider its competitiveness.So that they can compete with other investors in Indonesia," said the President in a statement quoted from the official website of the Setkab, Friday (29/7).Jokowi also said that investment opportunities in Indonesia are currently wide open as the construction of the new National Capital (IKN) begins, starting from the infrastructure sector to technology to build smart cities.He stated that investment policies have also been simplified through the Omnibus Law, the Job Creation Act, so that all permits can be handled in a coordinated manner at the investment office.The President also asked CEOs to contact the Minister of Investment/Head of the Investment Coordinating Board (BKPM) Bahlil Lahadalia, if they experience problems investing in Indonesia.“CEOs, please ask for the Investment Minister's mobile number, this is important.If there is a problem, you can directly contact the Minister of Investment.If you can't finish it at the Minister of Investment, please contact me," he concluded.At the meeting, Japanese company leaders who attended were Toyota Motor Corp CEO Akio Toyoda, Sojitz Corp CEO Masayoshi Fujimoto, Mitsubishi Corp CEO Katsuya Nakanishi, Mitsubishi Motors Corp CEO Takao Kato, and Denso Corp CEO Koji Arima.There are also Mitsubishi Chemical Corp CEO Jean-Marc Gilson, Toyota CEO Tsusho Ichiro Kashitani, Sharp Corp Vice President Masahiro Okitsu, Inpex Corp Vice President Kenji Kawano, and Kansai Electric Power Vice President Matsumura Mikio.South Korea was the last country Jokowi visited.During his visit, Jokowi welcomed the signing of a number of cooperation agreements in a number of fields between Indonesia and South Korea with an investment value of US$6.72 billion or equivalent to Rp100 trillion.Jokowi believes that the cooperative relationship between Indonesia and South Korea will be even stronger, especially in the economic sector.This was conveyed when delivering a press statement with President Yoon Suk-yeol after holding a bilateral meeting, at the Yongsan Presidential Office, Seoul, Thursday (28/07/2022)."We welcome the increasing trend of bilateral trade, we agree to continue to open market access, overcome trade barriers, and promote superior products from the two countries," Jokowi said in a statement quoted from the official website of the Setkab, Thursday (28/7). /2022).President Jokowi also encourages the concrete implementation of the Indonesia-Korea Economic Partnership Agreement to encourage the fulfillment of these various targets.On the occasion, President Jokowi also welcomed South Korean investment in the development of the National Capital (IKN) of the Archipelago, including cooperation in the development of the Drinking Water Supply System, and capacity building in the field of smart city development."I welcome the signing of the MoU between the Ministry of Investment with POSCO Korea and Krakatau Steel Indonesia regarding investment in the automotive steel industry for electric vehicles and participation in the development of the Indonesian Capital City with a total investment value of USD 6.37 billion and will absorb more than 58,000 workforce," Jokowi said.Present to accompany the President at the meeting were Coordinating Minister for Maritime Affairs and Investment Luhut Binsar Pandjaitan, Minister of State Secretary Pratikno, Minister of Foreign Affairs Retno Marsudi, Minister of Investment/Head of BKPM Bahlil Lahadalia, Minister of SOEs Erick Thohir, Minister of PUPR Basuki Hadimuljono, Ambassador of the Republic of Indonesia for the Republic of Korea Gandi Sulistiyanto, and Secretary General of the Ministry of Investment Ikmal Lukman.Check other News and Articles on Google NewsCheck out other news about the topic of this article, here:Join and get analysis of economic and business information via your email.