Borneo’s Sustainable Economy Welcomes ‘a Breath of Fresh Air’

The establishment of the Borneo Economic Community (BEC) has injected new energy into endeavors aimed at expediting sustainable economic progress on the island of Kalimantan.

Muhammad Mutawallie Sya'rawie & Jessica Gabriela Soehandoko

8 Sep 2023 - 19.54
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Borneo’s Sustainable Economy Welcomes ‘a Breath of Fresh Air’

Construction of the Toll Road to IKN. Photo/JIBI/PUPR

Bisnis, BALIKPAPAN — The establishment of the Borneo Economic Community (BEC) has injected new energy into endeavors aimed at expediting sustainable economic progress on the island of Kalimantan. This initiative has received a warm welcome from business stakeholders operating in Borneo.

The Borneo Economic Community (BEC) was formally agreed upon during the Borneo Business Roundtable held in Jakarta on Tuesday (5/9). This initiative, conducted as part of the 2023 ASEAN Summit series, gained support from the private sector within the Southeast Asian region, particularly in Malaysia and Brunei Darussalam.

The primary goal of BEC is to foster collaboration and establish a framework for cooperation among the countries on the island of Kalimantan, with the aim of harnessing its economic potential through increased investment and trade.

Moreover, BEC is specifically designed to promote a balance between development and environmental preservation on Kalimantan, which is the third largest island globally. The official launch of BEC is scheduled for November 2023.

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© Copyright 2024, Hak Cipta Dilindungi Undang - Undang.