Korea Financial Investment Association Discusses Investment Cooperation on "New Capital Development" with Indonesian Ambassador to Korea

by Kim Youngwon

Published 15 Apr.2026 16:37(KST)

Hwang Sungyeop, Chairman of the Korea Financial Investment Association, met with Cecep Herawan, Indonesian Ambassador to Korea, at the association on the 15th to discuss ways to expand investment cooperation between the two countries, including Indonesia's new capital relocation project.

Hwang Sungyeop, Chairman of the Korea Financial Investment Association (right), is having a meeting and taking a commemorative photo with Cecep Herawan, Indonesian Ambassador to Korea, at the Korea Financial Investment Association in Yeouido, Seoul on the 15th. The Korea Financial Investment Association

According to the Korea Financial Investment Association, economic officials from the Indonesian Embassy also attended the meeting to exchange views on trends in the Indonesian financial market, key development projects, the investment environment, and policy directions.

The Indonesian side expressed its intention to strengthen cooperation with the Korean financial investment industry by outlining investment and industrial policies as well as strategies for attracting foreign investment.

The Korea Financial Investment Association expressed interest in major development projects, including the construction of Indonesia's new capital (IKN, Nusantara), and agreed to explore various possibilities for cooperation, such as future real asset investments.

Both sides plan to continue discussions aimed at expanding cooperation in the financial and investment sectors of the two countries, based on ongoing information sharing and communication.

Chairman Hwang stated, "Indonesia is a key growth market in Southeast Asia, where large-scale investment opportunities are opening up with the development of the new capital. Through this meeting, we hope to broaden points of collaboration between the two countries and identify concrete cooperative initiatives."