Northern Territory Minister for Trade, Business and Asian Relations, Robyn Cahill, is visiting Jakarta this week in a bid to advance investment opportunities and strengthen business partnerships across energy, resources and enabling infrastructure between the Territory and Indonesia.
Minister Cahill will meet major Indonesian companies with the capital, capability and commercial interest to invest in the Territory’s priority industries, including energy, resources, infrastructure and advanced manufacturing.
Ms Cahill said the Beetaloo Sub-basin will be front and centre. As one of the world’s most significant onshore gas resources, the Beetaloo will support new industries, create new service and supply chains and drive economic growth, positioning the Territory as a key player in energy security for Australia and the broader Asian market, she said.
“Indonesia is forecast to be the fourth largest economy in the world by 2050, and increasing two-way trade and investment with Indonesia presents incredible opportunity for Northern Territory businesses.”
“The Northern Territory offers Indonesian businesses a strategic location, a competitive project pipeline and a trusted, business-friendly government. We want to partner with Indonesia to grow cooperation and mutual benefit between our jurisdictions,” Minister Cahill said.
Talks with prospective investors will also cover port infrastructure and energy, making the most of Darwin’s proximity to Asia and the Adelaide to Darwin railway, which links Australian resources and products with Indonesia and the wider region.
The Minister will also meet Indonesia’s Vice-Minister of Foreign Affairs to support ongoing cooperation on critical minerals, building on the Territory’s existing relationship with the Ministry of Energy and Mineral Resources.
Minister Cahill said the relationship with Indonesia had deep roots.
“The Northern Territory and Indonesia share a close, longstanding relationship built on geographic proximity, deep historical ties and growing economic cooperation,” she said.
