Ministry of Land, Infrastructure and Transport Discusses Cooperation with Indonesia on Capital Relocation and Sejong City Model

Yoon Sung-won, First Vice Minister of the Ministry of Land, Infrastructure and Transport (right), is holding talks with Budi Karya Sumadi, Minister of Transportation of Indonesia, on the 21st (local time).

Yoon Sung-won, the 1st Vice Minister of the Ministry of Land, Infrastructure and Transport, visited Indonesia and met with high-ranking officials over three days from March 20 to 22 to discuss bilateral cooperation plans for Indonesia's large-scale national projects, he announced on the 23rd.

Since 2019, Korea has been supporting the establishment of sectoral plans such as the new capital smart city plan and comprehensive development plans through G2G cooperation related to Indonesia's capital relocation.

In the railway sector, Korean companies have participated in Indonesia's first Light Rail Transit (LRT) project, Jakarta LRT Phase 1, and have shown strong interest in the Bali LRT project, Jakarta LRT Phases 2 and 3, and the Mass Rapid Transit (MRT) projects.

Leading the infrastructure cooperation delegation, Vice Minister Yoon held meetings with Bambang Susantono, Minister of the New Capital City Authority, John Wempi Wetipo, Vice Minister of the Ministry of Public Works and Housing, and Budi Karya Sumadi, Minister of Transportation, to discuss cooperation plans regarding the administrative capital relocation and railway sectors.

Indonesia announced the relocation of its new capital in 2019 due to urban issues such as traffic congestion and water shortages caused by the overcrowding of the capital, Jakarta. The photo shows the location of the new capital.

Vice Minister Yoon shared Korea's experience in constructing the administrative-centered multifunctional city, stating, "I hope that by expanding active exchanges and cooperation between the two countries, we can contribute to the construction of Indonesia's new city."

In the meeting with the Vice Minister of Public Works and Housing, he also shared Korea's successful experience in building an administrative capital and proposed strengthening bilateral cooperation so that Korean companies' outstanding smart city construction technologies can be applied to Indonesia's new capital.

Indonesia is a key partner country with a cumulative overseas construction contract amount of $24.3 billion (ranked 9th cumulatively) for Korean construction companies and is a populous nation with 270 million people (4th largest in the world).

It is a country of high strategic importance, promoting large-scale infrastructure development projects such as the administrative capital relocation project and urban railway and light rail transit construction projects to alleviate metropolitan overpopulation and achieve balanced national development. In 2019, Indonesia ranked first in contract amounts for domestic construction companies with $3.74 billion.

This content was produced with the assistance of AI translation services.