(12/1) In early 2022, Bank Indonesia of North Sumatra Province as a representative of NSI has received a working visit from the Consulate General of Japan who represented by the Assistant Consulate General of Japan located in the NSI secretariat at floor 7 of Bank Indonesia’s Building. The visit was warmly received by Mr. Ibrahim Deputy Head and Mr. Agustinus Fajar Setiawan Deputy Director.

The activity focuses on establishing bilateral cooperation in advancing the Economy of North Sumatra through investment and trade sectors. Seeing the performance of Japanese investment realization in North Sumatra which is still limited throughout 2021 amounting to USD16.04 Million (3.57%) and dominated by the Electricity, Water, and Gas sector and has the opportunity to be increased higher.

As a lengthening of the Japanese Government in Medan City is committed to increasing North Sumatra investment and willing to conduct further exploration. Together with North Sumatra Invest (NSI), the Consulate General of Japan is willing to conduct a direct review of several strategic projects of North Sumatra currently embraced by NSI in the near future. With the hope, this working visit can continue and be a good start in attracting various potential investors from Japan to promote and increase the realization of North Sumatra investment in 2022.