Dubai Invests in IKN: Vice President (Vice President) K.H. Ma’ruf Amin had a meeting with the Chairman of Dubai Holding. Sheikh Ahmed bin Saeed Al Maktoum at the Dubai Holding Office Lt. 9. Dubai, United Arab Emirates (PEA). On this occasion. The Vice President invit Dubai Holding to invest in a number of sectors in Indonesia. Ranging from tourism, sharia economy and finance. Strengthening the capacity of MSMEs, to infrastructure development for the Capital of the Archipelago (IKN).

“First. I appreciate the presence of Dubai Holding through its subsidiary Jumeirah Group. In the form of investment in the establishment of the Jumeirah. Bali hotel in Uluwatu. Bali. Said the Vice President. Starting the conversation. Furthermore, the Vice President explained that Indonesia’s tourism is very large, not only Bali. Even Indonesia is included in the top 10 in the ranking of tourism in the. Asia Pacific Region according to the United Nations World Trade Organization (UN-WTO).

“Indonesia has many locations that can be developed into tourist attractions other than Bali. Currently, there are 47 “sustainable investment” projects offered by the Government of Indonesia, and some of them are in the tourism sector, namely, among others, Toba Resort and Natural Park, Mandalika Convention Hotel and Resort, Labuan Bajo, and Borobudur. In addition, continued the Vice President, as a country with the largest Muslim population in the world, Indonesia has a vision to become the center of the world’s halal industry, including halal tourism.

“I hope Dubai Holding can take advantage of this potential to increase its investment in the Indonesian tourism sector,” he said.

Furthermore, the Vice President explained that currently Indonesia is actively developing the Islamic economy and finance. “Both countries have ratified the Bilateral Investment Agreement, and the Comprehensive Economic Cooperation Agreement (Indonesia-PEA CEPA) with a special chapter discussing Islamic economics and finance,” he said.

According to the Vice President, Indonesia-PEA CEPA will encourage increased economic cooperation and Islamic finance between the two countries. For that, I invite Dubai Holding to be able to invest in Special Economic Zones (SEZ) for the halal industrial sector,” he offered.

Dubai Holding, said the Vice President, can become a developer, manager, or become the main tenant in the SEZ.

Then, the Vice President continued that regarding Islamic finance, Indonesia’s largest Islamic Bank, namely Bank Syariah Indonesia (BSI) has now opened a representative in Dubai. He also hopes that with the support of Dubai Holding, the Indonesia-PEA Islamic finance cooperation will continue to grow. “Currently Indonesia is pushing for the spin-off of sharia business units to become sharia commercial banks, there are opportunities to invest in these various sharia banks,” he said.

Furthermore, the Vice President explained that currently the Indonesian Government is seriously trying to increase the capacity of MSMEs in Indonesia which have contributed greatly to national GDP and employment. “I hope that Dubai Holding, which has experience in increasing the capacity of MSMEs in Dubai, can support the strengthening of MSMEs in Indonesia, especially in the digital transformation of MSMEs,” he hoped.

Finally, the Vice President also invited the leadership of Dubai Holding to visit Indonesia directly to see firsthand the various potentials for business or investment cooperation with Indonesia. Including the potential for economic development in the new national capital, namely the Nusantara Capital (IKN).

“IKN will be a showcase for the transformation of civilization in Indonesia. The concept of city development is green, smart, inclusive, resilient and sustainable,” he concluded. Responding to the vice president’s offer, according to spokesman for the vice president Masduki Baidlowi, the chairman of Dubai Holding, Sheikh Ahmed bin Saeed Al Maktoum, welcomed and would explore various investment possibilities in Indonesia.

“He is very open and (said) he will visit Indonesia so that he can see immediately what can be followed up for more concrete cooperation,” he said.

Furthermore, said the spokesman, Dubai Holding will also cooperate with BSI as a local partner to establish various collaborations. “So I think this is a good relationship for some kind of investment from Dubai Holding to Indonesia,” he concluded. For information, Dubai Holding is a global company with operations in 13 countries and employs more than 20,000 employees. The company also plays an important role in Dubai’s economy.

Collectively, Dubai Holding represents a multi-sector engagement that continues to drive sustainable innovation-based economic support and growth in line with the PEA government’s vision.

The companies under Dubai Holding are Dubai Asset Management, Dubai Holding Real Estate, Dubai Holding Hospitality, and Dubai Holding Entertainment. Accompanying the Vice President at this meeting the Indonesian Ambassador to the PEA Husin Bagis, Head of the Vice Presidential Secretariat Ahmad Erani Yustika, Director General of Asia Pacific and Africa Ministry of Foreign Affairs Abdul Kadir Jailani, Staff Khu.

Sus the Vice President for Communication and Information Masduki Baidlowi, the Team of Experts for the Vice President Iggi Haruman Achsien and Farhat Brachma, as well as the Main Director of Bank Syariah Indonesia Hery Gunardi.