Metrotvnews.com, Jakarta: The Indonesia Investment Coordinating Board (BKPM) and Korea Trade Investment Agency (KOTRA) will promote investment opportunities in potential sectors.
"The agreement will help South Korean investors," BKPM chief Thomas Lembong said in Jakarta on Tuesday.
"The agreement also will help Indonesian companies," the former trade minister continued.The agreement will cover infrastructure, manufacture, connectivity, communication, tourism, e-commerce, lifestyle and creative economy sectors.
President Joko Widodo opened the Indonesia-Korea Business summit in the Indonesian capital this morning.
The forum was attended by Samsung CEO JK Shin, Posco chairman Kwon Oh-Joon and S&M Entertainment chairman Lee Soo-Man.
(WAH)