Jeddah — Indonesian President Prabowo Subianto and Saudi Crown Prince and Prime Minister Mohammed bin Salman bin Abdulaziz Al Saud reaffirmed their commitment to strengthening cooperation across a range of strategic sectors—including the economy, investment, and energy—during a bilateral meeting at Al-Salam Palace in Jeddah on Wednesday (July 2).
Saudi Arabia is among Indonesia’s principal trading partners in the region, with bilateral trade over the past five years reaching approximately USD 31.5 billion (IDR 502.7 trillion). The two leaders agreed on the need to expand trade volumes, increase high-level exchanges, and convene joint business activities through the Saudi–Indonesia Business Council.
As a concrete expression of this commitment, the meeting also produced the signing of multiple agreements and memoranda of understanding by private sector stakeholders totaling an estimated USD 27 billion (IDR 437.8 trillion). These investments are expected to generate new jobs in Indonesia and stimulate growth in priority sectors ranging from energy and downstream industrial development to environmentally sustainable technologies.
Through the Supreme Coordination Council, established during this visit, both nations agreed to strengthen institutional coordination to enhance the effectiveness of cross-sector partnerships. The Council will serve as the primary platform for monitoring and advancing this strategic collaboration.
“We have just established the Supreme Coordination Council between Saudi Arabia and Indonesia. We agreed to elevate cooperation across all areas. I am very satisfied. Alhamdulillah, it was productive. God willing, we will see an acceleration of partnerships between our countries,” President Prabowo said.
Beyond trade and investment, Prabowo and Crown Prince Mohammed bin Salman also discussed strategic collaboration in the energy sector, including supply chain development, clean energy transition, hydrogen technology, and energy conservation through joint training and research.
The leaders further underscored the importance of cooperation in health, particularly in services for Hajj and Umrah pilgrims, as well as in strengthening the pharmaceutical, vaccine, and health technology industries.
In the sphere of international relations, Indonesia and Saudi Arabia agreed to deepen coordination across major global forums including the G20, the Organisation of Islamic Cooperation (OIC), the United Nations, the IMF, and the World Bank. Both leaders also reiterated their support for a two-state solution for Palestine and the peaceful resolution of regional conflicts.
This state visit marks a new chapter in Indonesia–Saudi Arabia relations—one that is increasingly comprehensive and closely aligned with Indonesia’s Golden Vision 2045 and Saudi Arabia’s Vision 2030.
