UAE to build $500 million tourism resort in Indonesia’s Aceh province
The United Arab Emirates plans to develop a multimillion-dollar tourism resort in Indonesia’s Aceh province, as part of a raft of infrastructure projects planned in the Asian nation.
A series of business agreements were signed by the two nations on Friday following a visit by the Energy and Infrastructure Minister Suhail Al-Mazroui. The UAE signed a Memorandum of Understanding on Friday with the Republic of Indonesia to co-operate in the areas of creative economy, tourism, environmental conservation and logistics.
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The tourism resort development project, which according to Indonesia’s Coordinating Minister for Maritime Affairs and Investment Luhut Pandjaitan is valued at between $300 million and $500 million, is expected to start in Aceh Singkil district in May.
“The UAE and Indonesia are exemplars of religious and cultural diversity, tolerance and moderation,” said Noura Al Kaabi, UAE Minister of Culture and Youth, after the signing in Jakarta.
“These are the values that bind us together and enable us to co-operate for our common interests, especially in the …
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