Kendari - The Chambers of Commerce and Industry (Kadin) of Southeast Sulawesi (Sultra) and East Java (Jatim) have officially signed a series of business and investment cooperation agreements with a total estimated value exceeding Rp1 trillion.

The signing took place during the Business Matching event between Kadin Sultra and Kadin Jatim, held at RM Padi Padi in Kendari, Southeast Sulawesi, on Tuesday (November 18, 2025).

Chairman of Kadin Sultra, Anton Timbang, stressed that the event marks an important momentum to maximize each region’s leading economic potentials.

"This is why business matching is so important. As witnessed earlier, we have signed numerous agreements that have resulted in remarkable investment commitments," he said.

The sectors included in the cooperation agreements encompass fisheries, coconut shells, lightweight steel, and construction materials, particularly asphalt.

Anton stated that the recorded investment value from the agreements has surpassed Rp1 trillion and is expected to grow further.

Meanwhile, Chairman of Kadin East Java, Adik Dwi Putranto, explained that business matching activities are part of a monthly routine program conducted jointly with the East Java Provincial Government, aimed at strengthening interregional trade.

"The concept is to boost domestic trade. We must dominate the domestic market, and one way to do that is by preparing cooperation frameworks because each province has potential that meets the needs of others," Adik said.

He added that East Java sees tremendous potential in Southeast Sulawesi, particularly in fisheries, coconut products, and mining. Beyond trade, the collaboration also opens up broader investment opportunities.

Regarding the mining sector, Adik noted that the cooperation focus is directed toward asphalt development.

"Nickel no longer needs discussion it is already well established. The remaining homework now is asphalt," Adik concluded.