Indonesian president-elect seeks new investments from Malaysia

"I am aware that there are domestic political pressures to limit foreign expansion, including in the financial services and plantations sectors. Still, to ensure future rapid economic growth we need massive investments,

JAKARTA: Indonesian president-elect Joko Widodo has invited Malaysian businessmen to invest in manufacturing, tourism and infrastructure which have been identified as three core areas of growth under his leadership.

He said Indonesia needed massive investment and if domestic capital was not sufficient then Indonesia would need to look for investors abroad including Malaysia.