Prime Minister Nguyen Xuan Phuc pledged to create the best possible conditions for foreign investors, including those from Indonesia, during his meetings with leaders of Ciputra Group and PT Nikko Sekuritas Indonesia in Bali, Indonesia, on October 12.

Prime Minister Nguyen Xuan Phuc (right) and Director of Ciputra Group Budiarsa Sastrawinata. (Photo: VNA)

At a meeting with Director of Ciputra Group Budiarsa Sastrawinata, also President of the Indonesia-Vietnam Friendship Association (IVFA), PM Phuc acknowledged the group’s investment projects in Vietnam, including the Ciputra urban area in Hanoi.

He said the Vietnamese Government has made efforts to improve the local business environment and create optimal conditions for investors, including Ciputra.

Budiarsa Sastrawinata told the Vietnamese leader that Ciputra is operating in various spheres such as mining, manufacturing and hotels.

Ciputra has cooperated with various Vietnamese partners, including the Vietnam-Indonesia Friendship Association and the Vietnamese Ambassador in Indonesia to organise business forums, helping promote investment ties between the two countries, he said.

The group will continue to invest in luxury hotels and the Ciputra Hanoi International City, he added, calling for more support from the PM and the Vietnamese Government for the group’s operation, especially its cooperation with Vietnamese partners.

PM Phuc expressed his hope that the association will continue working with its Vietnamese counterpart to boost Vietnam-Indonesia relations.

As two populous countries in the Association of Southeast Asian Nations (ASEAN), Vietnam and Indonesia can help reinforce regional development through their bilateral ties, he said.

Meeting with Harianto Solichin, President Director of PT Nikko Sekuritas Indonesia, which provides investment banking, investment management and securities brokerage services, PM Phuc noted the company’s prestige and achievements.

PM Nguyen Xuan Phuc (right) and President Director of PT Nikko Sekuritas Indonesia Harianto Solichin. (Photo: VNA)

He welcomed the memorandum of understanding on cooperation in building an expressway worth USD 200 million in Jakarta between the Indonesian company and Vietnam’s Licogi 16 JSC.

He noted that the project opens up cooperation opportunities for the two countries in infrastructure construction and other potential realms.

He urged the two sides to launch more projects in Indonesia and Vietnam, and voiced his wish that Nikko will continue supporting Vietnamese investors in Indonesia as well as Indonesian enterprises and regional and international groups in Vietnam, particularly in airport and seaport building.

For his part, Solichin said Nikko has invested in securities in Vietnam for many years and deployed investment projects in its central province of Da Nang.

He extended his wish to receive more attention and favourable conditions from the PM and relevant Vietnamese agencies during the implementation of projects.

PM Phuc suggested Nikko and Licogi 16 become strategic, trustworthy and effective partners, and that the two sides should step up their partnerships in different investment forms, especially the public-private partnership model.

The signing of a document on cooperation in infrastructure construction between Nikko and Licogi 16. (Photo: VGP)

On this occasion, PM Phuc and representatives of some ministries and agencies witnessed the signing of a document on cooperation in infrastructure construction between Nikko and Licogi 16.

Accordingly, the two sides will team up to build the USD 200 million expressway and a commercial centre worth about USD 50 million in Jakarta.

At the same time, Nikko will invest in another solar power project with a capacity of 50MW and a funding of USD 50 million in Vietnam’s central region.

Construction of the projects is expected to begin early next year./.

VNF/VNA