Hong Kong and Indonesia can deepen green finance ties, Jakarta envoy says
Hong Kong and Indonesia can deepen cooperation in green finance as their ties strengthen, the country’s special envoy for international trade has said, adding that the city’s common law expertise can support the nation’s efforts to attract family offices. Hong Kong also played a vital role as a conduit channelling mainland China investments to Asean, Mari Elka Pangestu told reporters before…
The special envoy for international trade of Indonesia, Mari Elka Pangestu, has expressed the potential for Hong Kong and Indonesia to bolster their green finance cooperation, following the strengthening of their bilateral ties. Pangestu highlighted Hong Kong's expertise in common law, which can facilitate the attraction of family offices and investors to Indonesia, particularly in the context of the nation's energy transition.
She also noted that Hong Kong's financial center status makes it a suitable partner for financial connectivity, green bonds, sustainable finance, and infrastructure investment. In terms of Asean, Hong Kong is the second-largest trading partner, with merchandise trade between the two growing at an average of 7.6% annually over the past five years, totaling HK$1.66 trillion (US$211.5 billion) by 2025.
Written by urgent.news from South China Morning Post - Hong Kong's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
