Indonesian Chamber of Commerce Drumming Up Business in Europe

In efforts to promote the upcoming B20 Forum in Bali, the Indonesian Chamber of Commerce and Industry (KADIN) have been touring Europe from May 22 – June 4.

According to local news wires, the KADIN delegation was led by the General Chairperson of KADIN, Arsjad Rasjid and the Chairperson of the B20 Indonesia Organizer Shinta W. Kamdani.

The roadshow for the B20 Indonesia delegation began at the World Economic Forum (WEF) in Davos, Switzerland, on May 23, where Arsjad attended several meetings conveying the objectives of Indonesia’s G20 Presidency and the role of Indonesian businesses in the global economy.

Arsjad emphasized that the important mission that the Indonesian delegation brought on their visit to Europe was to promote Indonesia’s B20 and invite investors from Europe to attend the B20 Summit in November in Bali.

KADIN is also working to promote more bilateral trade and investment cooperation, explore new economic partnerships with European businesses and identify key partners for the Indonesian Trading House.

“In this annual WEF 2022 meeting, we use the momentum to promote the G20 and B20 Presidencies of Indonesia and also outline three priority areas of the Government of Indonesia for the G20 in 2022:

  1. Global Health Architecture,
  2. Digital Transformation, and
  3. Energy Transition

as well as discussing pressing economic issues due to geopolitical uncertainty and following the prolonged impact of the pandemic,” explained Arsjad in a written statement.

In this WEF forum, B20 Indonesia hosted the “B20 Indonesia Business and Investment Forum” at the Indonesian Pavilion which invited global CEOs to be involved and be present at the B20 Bali Summit. The panel discussion in the forum was opened by the CEO of Bakrie & Brothers Tbk, Chairman of the Advisory Board of KADIN, and member of the B20 International Advocacy Caucus, Anindya Novyan Bakrie.

Shinta said that after Switzerland, the tour will continue to the Netherlands, Belgium and Germany, which are known to be very developed economically and are the most promising partners among other European Union countries.

KADIN also held an honorary meeting with the European Commission’s Directorate General of Trade and Business Europe in Brussels, Belgium. In addition, to optimize the potential for trade and economic partnerships between the two parties, the Indonesia-EU Comprehensive Economic Partnership Agreement is currently being drafted.

“Although trade continues to increase, there are still many opportunities for cooperation between European and Indonesian companies that can be explored to bring benefits to the economies of both parties. This is the era of business diversification and creating a more resilient supply chain. KADIN is ready to bridge EU members to explore investment opportunities in Indonesia,” said Shinta.

Shinta also said that Indonesia and Europe collaborated in overcoming many global challenges, including the COVID-19 pandemic, climate change, green energy, and democratic development so that the G20 and B20 Presidencies of Indonesia can become the momentum to encourage more collaborations that were beneficial for the post-pandemic world recovery.

“For the Indonesian delegation, this visit is an important foundation for B20 Indonesia in expanding the participation of global business leaders to encourage the transformation of the world economy in the future,” said Shinta.

Source: Kontan.co.id

Latest Article
How the Negative Investment List in Indonesia Impacts Investors
The Negative Investment List in Indonesia has long served as a barrier for foreign investors looking...
Minister: EU Desk is Open to Strengthen Cooperation
Following a meeting with members of the European Business Chamber of Commerce (EuroCham) Indonesia on...
Govt. Urges Investors to Open More Cinemas
According to reporting from Antara News, the Indonesian Government is encouraging investors to set up...
Labor Challenges in Indonesia: A Barrier to Foreign Investment
Labor challenges in Indonesia have become a significant barrier to attracting foreign investment. As...
Indonesia Looks to Strengthen Economic Ties with Japan
According to reporting from Jakarta Globe, Indonesia is ramping up efforts to attract Japanese investment...

Andrzej Barski

Director of Seven Stones Indonesia

Andrzej is Co-owner/ Founder and Director of Seven Stones Indonesia. He was born in the UK to Polish parents and has been living in Indonesia for more than 33-years. He is a skilled writer, trainer and marketer with a deep understanding of Indonesia and its many cultures after spending many years travelling across the archipelago from North Sumatra to Irian Jaya.

His experience covers Marketing, Branding, Advertising, Publishing, Real Estate and Training for 5-Star Hotels and Resorts in Bali and Jakarta, which has given him a passion for the customer experience. He’s a published author and a regular contributor to local and regional publications. His interests include conservation, eco-conscious initiatives, spirituality and motorcycles. Andrzej speaks English and Indonesian.

Terje H. Nilsen

Director of Seven Stones Indonesia

Terje is from Norway and has been living in Indonesia for over 20-years. He first came to Indonesia as a child and after earning his degree in Business Administration from the University of Agder in Norway, he moved to Indonesia in 1993, where he has worked in leading positions in education and the fitness/ wellness industries all over Indonesia including Jakarta, Banjarmasin, Medan and Bali.

He was Co-owner and CEO of the Paradise Property Group for 10-years and led the company to great success. He is now Co-owner/ Founder and Director of Seven Stones Indonesia offering market entry services for foreign investors, legal advice, sourcing of investments and in particular real estate investments. He has a soft spot for eco-friendly and socially sustainable projects and investments, while his personal business strengths are in property law, tourism trends, macroeconomics, Indonesian government and regulations. His personal interests are in sport, adventure, history and spiritual experiences.

Terje’s leadership, drive and knowledge are recognised across many industries and his unrivalled network of high level contacts in government and business spans the globe. He believes you do good and do well but always in that order. Terje speaks English, Indonesian and Norwegian.

Per Fredrik Ecker

Managing Director of Seven Stones Indonesia, Jakarta

Per is the Managing Director of the Seven Stones Indonesia (SSI) Jakarta office and has more than 25-years’ experience in Indonesia, China, and Western Europe. He previously worked in senior management positions with Q-Free ASA, Siemens AG, and other companies in the telecom sector. Over the last six years, he has been the Chairman of the Indonesia-Norway Business Council (INBC) and recently become elected to be on the board of EuroCham Indonesia.

His most recent experience is within Intelligent Transport Solutions (ITS), Telecom, and other sectors within the Indonesian market. He is today through his position in SSI and by representing Norway Connect, promoting Nordic and European companies that would like to explore business opportunities in the Indonesian market. He’s also playing an active role to help create the Nordic House concept in Jakarta that will provide an excellent platform for Nordic companies entering Indonesia, where they’ll find a community that can offer support with trusted information and affordable services to enter this market.

Contact Our Consultants

Ridwan Jasin Zachrie

CFO of Seven Stones Indonesia, Jakarta

Ridwan is one of Indonesia’s top executives with a long and illustrious career in the financial world. He holds several professional certifications including being a Certified Business Valuer (CBV) issued by the Australian Academy of Finance and Management; Broker-Dealer Representative (WPPE); and The Directorship Certification for Directors and Commissioners, issued by the Indonesian Institute of Commissioners and Directors.

His experience includes being the Managing Director at one of the top investment banking groups in the region, the Recapital Group, the CFO at State-owned enterprises in fishery industry and the CEO at Tanri Abeng & Son Holding. He’s also been an Independent Commissioner in several Financial Service companies and on the Audit and Risk Committee at Bank BTPN Tbk, Berau Coal Energy Tbk, Aetra Air Jakarta as well as working for Citibank, Bank Mandiri and HSBC. His last position was as CFO at PT Citra Putra Mandiri – OSO Group.

Ridwan has won a number of prestigious awards including the Best CFO Awards 2019 (Institute of Certified Management Accountant Australia-Indonesia); Asia Pacific Young Business Leader awarded by Asia 21 Network New York USA (Tokyo 2008); UK Alumni Business Awards 2008 awarded by the British Council; and The Most Inspiring Human Resources Practitioners’ version of Human Capital Magazine 2010.

He’s a member of the Board of Trustees of the Alumni Association of the Faculty of Law, Trisakti University, Co-Founder of the Paramadina Public Policy Institute and actively writes books, publications and articles in the mass media. He co-authored “Korupsi Mengorupsi Indonesia” in 2009, which helps those with an interest in understanding governance in Indonesia and the critical issue of corruption. Ridwan speaks Indonesian and English.