Putin discusses Russia’s economy growth with ministersBusiness & Economy September 24, 2:38
Lavrov warns against partition of SyriaRussian Politics & Diplomacy September 23, 0:00
Lavrov calls to coordinate Russian, US military action in SyriaRussian Politics & Diplomacy September 22, 21:05
Lavrov blames Obama administration for souring Russia-US tiesRussian Politics & Diplomacy September 22, 20:41
Waging war on Korean Peninsula inadmissible, says LavrovRussian Politics & Diplomacy September 22, 20:36
Russian Northern Fleet completes drills in ArcticMilitary & Defense September 22, 18:01
OPEC and non-OPEC countries to continue talks on oil production cut dealBusiness & Economy September 22, 17:28
Russian pair figure skaters Kavaguti, Smirnov retire from sportSport September 22, 16:48
Record number of delegations register for St. Petersburg-hosted IPU AssemblyRussian Politics & Diplomacy September 22, 16:47
SOCHI, May 18. /TASS/. Indonesia is interested in Russian investment in infrastructure, including railway construction and the construction of the port in Kalimantan (Borneo) and oil refining, Indonesian President Joko Widodo said on Wednesday after the talks with his Russian counterpart Vladimir Putin.
"We have agreed to increase investment cooperation," he said. "We are interested in Russian investment in areas such as marine culture, agriculture and infrastructure, we are interested in development and continuation of projects in the railway construction and the construction of the port in Kalimantan, in oil refining projects," the President added.
According to him, issues related to strengthening cooperation between the two countries "in such strategic areas as economic and investment relations, military cooperation" were also discussed during the meeting. "We are confident that we can significantly increase and strengthen our economic cooperation," Widodo said.
Widodo added that the parties agreed to try to remove obstacles of tariff and non-tariff nature in the mutual trade. At the same time, according to him, Indonesia is especially interested in the export of palm oil to the Russian market.
In turn, Russian President Vladimir Putin said that Russia is ready to provide comprehensive assistance to Indonesia in implementation of infrastructural programs. "A large-scale regional infrastructural program is implemented under patronage of Mr. Widodo," Putin said. "Russia is ready to render comprehensive assistance to Indonesian partners in implementation of this program" he added.
A joint project of Russian Railways and Indonesia launched last year to build an approximately 190 km long railway on the Kalimantan Island is the most significant in this context, the Russian leader said. Development of coal, ferronickel, manganese dioxide and other deposits is planned, he added.
At the same time, the volume of investment in oil refinery construction in Indonesia with the participation of Rosneft could reach $13 bln. "Our companies Zarubezhneft, Rosneft have specific, serious large-scale projects," he said. "That includes construction of a modern oil refinery with possible investment in the amount of $13 bln," he added.
According to the Russian leader, there is groundwork for expanding energy cooperation. Putin said construction of a thermal power plant with the help of Inter RAO with a capacity of 1.8 GW is also planned. The investment volume will amount to $2.8 bln.