Indonesia and Saudi Arabia launch new investment partnership to expand foreign direct investment
The new bilateral framework aims to accelerate cross-border investment, deepen economic cooperation and support long-term industrial development in both countries
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Photo source: Oleksii Liskonih / iStock
Indonesia and Saudi Arabia have launched a new strategic investment partnership after signing a bilateral agreement designed to increase foreign direct investment (FDI), strengthen economic cooperation and encourage long-term capital flows between the two countries.
The new framework establishes closer institutional cooperation on investment promotion and creates mechanisms to facilitate future cross-border investment projects as both countries pursue economic transformation strategies, as reported by ANTARA.
According to official figures, Saudi Arabia invested approximately US$126.2 million in Indonesia between 2021 and the first half of 2026, providing a foundation for expanding bilateral investment in strategic sectors.
Under the new partnership, both governments will cooperate on sharing investment data, exchanging regulatory information and improving coordination between national investment authorities. The agreement also includes provisions for technical cooperation, expert exchanges, joint investment promotion activities and closer dialogue aimed at identifying new investment opportunities.
Officials stressed that the success of the partnership will ultimately be measured by its practical outcomes, including increased investment projects, stronger industrial cooperation, job creation and broader economic benefits for both countries.
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