Bali, NTB, NTT sign five-point regional cooperation plan

Three provinces sign cooperation deal

Bali, West Nusa Tenggara, and East Nusa Tenggara launched the KRBNN regional cooperation through five action plans on Friday, November thirteenth, twenty twenty-six in Bali.

Who signed the agreement

NTB Governor Lalu Muhamad Iqbal, Bali Governor I Wayan Koster, and NTT Regional Secretary Fransiskus Sales Sodo, representing the NTT governor, signed the plans.

Why the three provinces cooperate

Bali, NTB, and NTT share geographic proximity, historical and cultural ties, and similar economic strengths, according to NTB Governor Lalu Muhamad Iqbal.

Private sector must drive cooperation

Iqbal said good cooperation must be driven by the private sector, not only government, to generate economic activity and tangible public benefits.

“Good cooperation must be driven by the private sector”

Banking and energy initiatives

Bank NTB Syariah, Bank NTT, and BPD Bali will strengthen banking connectivity through a cross-regional card. A super grid project will connect the three provinces for energy.

Tourism and credit guarantee plans

Authorities are exploring seaplane services to link major destinations. Three credit guarantee companies agreed to expand access for micro, small, and medium enterprises across the provinces.

Governors call for immediate action

Bali Governor Koster urged regional agencies to execute the five action plans systematically and measurably. NTT Regional Secretary Sodo affirmed readiness to oversee every stage of the partnership.