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Indonesia Partners with Russia to Modernize Maritime Industry Through Technology Transfer

From Republika · () Indonesian

Translated from Indonesian, summarized and contextualized by DistantNews.

At a glance

News Official statement New plan
  • Indonesia is partnering with Russia to modernize its maritime industry through technology transfer, aiming to boost its shipbuilding capabilities and regional market share.
  • The collaboration focuses on enhancing domestic shipyards, improving workforce skills, and developing joint shipbuilding projects, leveraging Russia's advanced maritime technology and Indonesia's strong domestic demand.
  • This partnership is expected to grow following the Indonesia-Eurasian Economic Union Free Trade Agreement, fostering increased trade, investment, and technological exchange.

Indonesia is forging a strategic partnership with Russia to modernize its maritime industry, with a strong emphasis on securing technology transfer and bolstering its shipbuilding sector.

Industry Minister Agus Gumiwang Kartasasmita highlighted that the initiative aims to enhance the capabilities of domestic shipyards, upskill the workforce, and foster joint shipbuilding projects. "Cooperation in the shipping industry with Russia offers Indonesia an opportunity to strengthen its maritime industry through investment, technology transfer, workforce development, and joint production," Agus stated.

The collaboration is designed to merge Russia's sophisticated maritime technology with Indonesia's substantial domestic demand. As an archipelago nation with over 17,000 islands, maritime transport is crucial for Indonesia's logistics, fishing, offshore energy, and inter-island travel. Russia, in turn, possesses extensive expertise in maritime development, including commercial ship design, advanced propulsion systems, and complex marine engineering.

The Ministry of Industry views the countries' strengths as complementary for building a more robust shipping industry. The potential for bilateral cooperation has expanded significantly since the signing of the Indonesia-Eurasian Economic Union Free Trade Agreement, which is anticipated to drive greater trade, investment, industrial partnerships, and technology exchange between Indonesia and the Eurasian Economic Union members.

Cooperation in the shipping industry with Russia offers Indonesia an opportunity to strengthen its maritime industry through investment, technology transfer, workforce development, and joint production.

— Agus Gumiwang KartasasmitaExplaining the benefits of the partnership with Russia.
DistantNews Editorial

Originally published by Republika in Indonesian. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.

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