JAKARTA, July 4 (Reuters): China's Silk Road Fund (SRF) has signed a framework agreement to invest up to 20 billion yuan (US$2.99 billion - RM13.21 billion) in Indonesia's sovereign wealth fund, the funds said on Monday.
The agreement allows for investment in all sectors open to foreigners in Indonesia, in particular those promoting economic connectivity between the countries, the Indonesia Investment Authority (INA) and the SRF said in a joint statement.
Already a subscriber? Log in
Get 20% OFF The Star Digital Access
Cancel anytime. Ad-free. Unlimited access with perks.
