A Brief History of the Economic Relations between Indonesia and Japan

Research Paper (undergraduate) from the year 2015 in the subject History - Asia, National University of Malaysia, course: History, language: English, abstract: Japan is the largest foreign investor in Indonesia at the end of June 1960 with a value of US $3.9 billion invested in 202 projects. Secretary-General of the Industry Ministry, Agus Sujono said Japanese investment projects that have been completed at that time amounted to US $ 1.5 billion. In April 1971, the Ministry of Agriculture of Indonesia grants permission to companies from Japan and East Malaysia to conduct joint forestry in Borneo.

By 1972, the Japanese government has provided investment financial assistance amounting to 5.4 million yen to private entrepreneurs in Indonesia. In May 1972, President Suharto left for Tokyo in hopes of strengthening relations between Indonesia and Japan that was taking Indonesia towards political and economic stability.