Ensuring that Indo-Sabah investments trouble-free
Published on: Friday, March 17, 2023
The Malaysian Sabah Bar Association delegates at the Supreme Court of the Republic of Indonesia in Jakarta.
INDONESIA: The Indonesian Advocates Association (Peradi) signed a memorandum of understanding (MoU) with the Malaysian Sabah Law Society (SLS) to declare its collaboration in guarding investments made by investors in both Malaysia and Indonesia.SLS President Roger Chin Ken Fong appreciated the MoU signing with Peradi, one of the largest advocate institutions in Indonesia. It was signed on Tuesday at the Peradi National Secretariat Office.
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Roger said cooperating with Peradi in guarding the investments made by investors from neighbouring countries in Indonesia is very important.
Moreover, he said his party would need advice or input while overseeing investments coming into the Nusantara Capital (IKN).
“This is very important because a lot of investment will go to IKN, both the government and private investors and individuals from Sabah. Therefore, it requires legal advice or input from Peradi,” said Chin.
“Thank you very much for inviting us to Jakarta and we signed a collaboration with Peradi,” he said.
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Meanwhile, Peradi National Leadership Council Daily Chief Dwiyanto Prihartono said the MoU signing was to strengthen cooperation regarding advocates and investment affairs in Indonesia.
He commended the move, given that Indonesia and Malaysia have close geographical relations.
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“This is a very good collaboration between the two advocates from the two countries.
“Specifically, we are currently talking about investment in Indonesia, especially in relation to moving the Indonesian capital to East Kalimantan.
“In the future we will continue to carry out activities that can strengthen cooperation between fellow advocates, share information, and matters related to advocacy,” he concluded.
The SLS delegation comprised around 17 members and were welcomed by the Peradi DPN Management, including Dwiyanto himself.
Meanwhile, the Supreme Court of the Republic of Indonesia received a hearing from the Malaysian Sabah Bar Association on Monday in the Supreme Court Registrar’s Meeting Room in Jakarta.
This meeting was chaired by the Head of the Supreme Court Development Chamber Prof Takdir Rahmadi, S.H., L.L.M.
The Malaysian Sabah Bar Association is an association of Malaysian Sabah advocates. The purpose of their visit to the Supreme Court is to learn more about the justice system in Indonesia and see investment opportunities in the Nusantara Capital (IKN).
“Our arrival aims to understand the justice system in Indonesia and see the possibility of investing in East Kalimantan, we happen to be neighbours,” said Chin.
The 20-member delegation from Sabah looked very enthusiastic listening to the explanation from Prof Takdir.
At the end of the visit, all delegations visited the Supreme Court museum.
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