Tuesday 15 November 2022

Canadian Commercial Corporation paves way for Canadian businesses, signs 2 MoUs in Indonesia

KUALA LUMPUR, Nov 15 (Bernama) -- The Canadian Commercial Corporation (CCC), a Canadian government-to-government contracting agency, has inked two new memoranda of understanding (MoUs) with Indonesian government agencies to enable qualified Canadian businesses secure government contracts in Indonesia.

In a statement today, CCC said it had signed an MoU with the province of North Kalimantan for the development of a green airport, on the sidelines of the G20 Summit 2022 in Bali, Indonesia.

"The airport concept is part of COP21 (21st Conference of the Parties) commitments made by Indonesia to further develop the country’s economy while reducing emissions by 31.9 per cent by 2030.

"The proposed airport will link eight other airports, and provide local aquaculture and agricultural industries with more direct access to major international markets," it said.

Additionally, in the lead-up to the G20 Summit, CCC concluded an MoU with Indonesia's Ministry of State-owned Enterprises concerning food production.

The agency said the MoU seeks to address rising food security concerns resulting from the Russian invasion of Ukraine by providing access to Canadian commodities, including but not limited to potash, wheat, grains, soybeans, plus other agricultural goods and services which may be appropriate.

CCC president and chief executive officer Bobby Kwon said the agency is proud to advance trade relations between Canada and Indonesia.

“These MOUs will enable CCC to bring Canadian businesses to address the priorities of the Ministry of State-owned Enterprises, and the provincial government of North Kalimantan,” he said.

CCC said, through these two MoUs, the agency will offer a unique Canadian government guarantee.

As part of the international prime contractor programme, CCC signs government-to-government contracts that have the legal effect of being signed in the name of the Canadian government, providing an assurance of contract performance.

CCC has decades of direct experience developing MoUs with government buyers that enable government-to-government contracts in alignment with national procurement laws.

-- BERNAMA

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