24October2017

Home Editorial WHAT IS THE BENEFIT OF KING SALMAN’S VISIT FOR INDONESIA?

WHAT IS THE BENEFIT OF KING SALMAN’S VISIT FOR INDONESIA?

King Salman of Saudi Arabia and the entourage are scheduled to visit Indonesia from 1 to March 9, 2017. On March 1 to March 3, they are scheduled to visit Jakarta and Bogor. Then the King and his entourage will be leaving for a vacation in Bali.

This is the first time in 47 years, after the visit of Saudi Arabian King Faisal bin Abdul Aziz in 1970, to Indonesia. Though almost all Indonesian President s have visited the country. No wonder that this visit is so special for Indonesia. Moreover, Saudi Arabia is geographically the largest country to five in Asia and the second largest in the Arab world. Moreover, Saudi Arabia is geographically the fifth largest country in Asia and the second largest in the Arab world.

During the visit of King Salman, the agenda of bilateral talks will include, among other things, the additional quota of Indonesian hajj pilgrims, the increase of Middle East tourists to Indonesia, and the protection of Indonesian citizens living in Saudi Arabia. In addition, counter-terrorism and Saudi Arabian investment in Indonesia will also be discussed during King Salman’s visit.

For Indonesia, Saudi Arabia can be an entry point to access funds from the Middle East. Indonesian government needs much fund today, particularly for infrastructure development. Quite a large fund from the Middle East has been invested in neighboring countries, namely Malaysia and Singapore, while in Indonesia the number is not significant. The cause is whether Indonesia is less active or less open to the Middle East.

However, it should be noted that Saudi Arabia that depends 85% of its state revenue from oil is now in deficit due to lower world oil prices. The country is forced to launch a program aimed at diversifying the economy and it no longer relies on oil alone. It is natural that many parties in Indonesia would like to take advantage of the visit of King Salman as a momentum to obtain funds from the Middle East that seem to reluctantly stop by in Indonesia. Hopefully the visit of King Salman will bring a lot of benefit to both countries.

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