Indonesian Consulate hosts Business Luncheon

KARACHI, (APP - UrduPoint / Pakistan Point News - 25th May, 2026) The Consulate General of the Republic of Indonesia in Karachi hosted a business lunch titled ‘Taste of Opportunity: A Deep Dive into Indonesia Trade and Investment’ at Wisma Indonesia, Karachi, bringing together around 30 prominent business leaders, investors, and representatives of chambers, trade associations, and business councils in Pakistan.

The event was attended by distinguished members of the business community, including Saquib Fayyaz Magoon, Senior Vice President of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI), Acting President of Karachi Chamber of Commerce and Industry (KCCI) Mohammad Raza, and other leading stakeholders from various sectors. The gathering reflected the growing interest of Pakistan’s private sector in expanding economic engagement with Indonesia.

In his welcoming remarks, the Consul General of the Republic of Indonesia in Karachi, Mudzakir, emphasized that the event was designed as a warm and practical platform for knowledge sharing, direct dialogue, and business follow-up between Indonesian and Pakistani stakeholders. He highlighted the strong historical ties and economic complementarities between Indonesia and Pakistan, which should be translated into more concrete trade, investment, and business-to-business cooperation.

The Consul General also underlined the importance of strengthening economic resilience amid global and regional uncertainties affecting supply chains, energy security, and market confidence.

He further stated that Indonesia remains open for partnership, offering opportunities in downstream industries, renewable energy, food security, infrastructure, manufacturing, digital economy, halal industry, and tourism. Indonesia recorded 5.

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11 percent economic growth in 2025 and 5.61 percent growth in the first quarter of 2026, supported by strong domestic demand, investment, and continued reforms to improve the business climate.

Ricky Eka Virgana Ichsan, Director for South and Central Asia, Ministry of Foreign Affairs of the Republic of Indonesia, reaffirmed the Indonesian Government’s strong attention to economic diplomacy with Pakistan. He encouraged both sides to strengthen commercial connectivity, diversify trade, explore investment opportunities, and make better use of business platforms to bring the two private sectors closer.

Speaking on behalf of FPCCI, Saquib Fayyaz Magoon appreciated the initiative of the Indonesian Consulate General and highlighted the significant untapped potential between Indonesia and Pakistan. He stressed the importance of stronger private sector collaboration and more focused engagement in sectors such as halal products, agriculture, textiles, technology, infrastructure, and investment.

The program featured an Indonesia Updates session by Dr. Ahmad Syofian, Consul for Economic Affairs, covering KJRI Karachi’s upcoming economic promotion agenda, including Trade Expo Indonesia 2026, D-8 Halal Expo Indonesia 2026, the planned Indonesia–Pakistan Investment Forum 2026, Indonesia’s integrated promotion at ICPF, and the newly introduced Connect Indonesia platform.

A virtual presentation was also delivered by Nova Herlangga Masrie, Director of the Indonesia Investment Promotion Centre (IIPC) Abu Dhabi, who briefed participants on Indonesia’s investment climate, priority sectors, licensing reforms, investment incentives, Special Economic Zones, and practical steps for foreign investors interested in doing business in Indonesia.