Jakarta, June 16 -- Coordinating Minister for Economic Affairs Airlangga Hartarto has urged Singapore to increase its investment in Indonesia to US$30 billion to US$40 billion as part of strategic bilateral cooperation.

"As part of the strategic cooperation, we ask Singapore to increase its investment to US$30 (billion)-US$40 billion," he said during a bilateral meeting with Singapore's Deputy Prime Minister and Trade and Industry Minister Gan Kim Yong as per a statement released on Monday.

The meeting, held on the sidelines of the 15th Indonesia-Singapore Six Bilateral Economic Working Groups Ministerial Meeting in Singapore on Sunday, discussed solidifying cooperation in several strategic sectors, including food security, clean energy...