Indonesia renews cooperation with Timor Leste
Indonesia is renewing its cooperation with Timor Leste in a number of areas, and will also explore the possibility of cooperation in the energy and economy sector, Indonesian President Joko Widodo was quoted by the Antara News on January 27.
President Widodo welcomed the January 16 meeting between the two countries’ Ministers of Energy and Mineral Resources in Bali, saying that it will contribute to achieving the objectives of the cooperation agreements.
Indonesian President Joko Widodo (Source: en.citizendaily.net) |
The President also stressed the role of the Indonesian state-owned enterprises in the development of Timor Leste.
Throughout 2011-2015, infrastructure, such as roads, bridges, airports and government buildings in Timor Leste, were constructed by the Indonesian state-owned enterprises and private firms with a total value of US$344 million.
This year, the total projects’ value is expected to reach US$504 million.