Both sides also talked about the development of an industrialzone for clean energy and electric vehicles and a regional centrefor infrastructure and transportation development on the island.
As a popular international tourist destination, Bali needs connectedand integrated infrastructure, such as trains and battery-based motorized vehicles,to grow in a sustainable manner, said Koster.
He hoped that Bali will receive technical assistance andinvestment from the RoK to develop its infrastructure, especially railtransport.
Yoon, for his part, welcomed the idea, saying the RoK wantsto introduce its technological progress and transport system to be used inBali.
The partnership between the RoK and Bali has begun with theconduct of a feasibility study for the construction of a Light Rail Transit(LRT) to connect I Gusti Ngurah Rai Airport and Bali’s inner area, he said.
Indonesia has inked a memorandum of understanding (MoU) withtwo partners from the RoK to develop the LRT system, worth 5 trillion IDR (over350 million USD), in early 2020.
The project is carried out under a partnership amongIndonesia’s state-owned construction firm Nindya Karya, Korea Rail NetworkAuthority (KRNA) and Korea Overseas Infrastructure and Urban DevelopmentCorporation (KIND).
The KRNA has also provided 500 million USD to finance thedevelopment of another LRT network connecting the Velodrome sport facility in Rawamangun, EastJakarta, with Dukuh Atas, Central Jakarta./.