Indonesia minister says China Fujian province plans US$975 million investment in special economic zone


JAKARTA: China's Fujian provincial government plans to invest 16 trillion rupiah (US$975 million) in Indonesia's special economic zone in Batang in Central Java province, Indonesia's chief economic minister said.

Airlangga Hartarto said in a video statement uploaded late on Tuesday (March 18) that the planned investment had been discussed at an earlier meeting of President Prabowo Subianto and Chinese President Xi Jinping.

He did not provide further details about the planned investment, though he said Prabowo would visit the special economic zone in Batang on Thursday. - Reuters

 

 

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Aseanplus News

Vulnerable and endangered, but sarus cranes trumpet their fight for survival in Cambodia
Laos prepares to lead international review of Convention on Cluster Munitions
WHO chief upbeat on missing piece of pandemic treaty
Cricket-Australia's Neser hails special Ashes spell at Gabba after long absence
Golf-Denmark's Neergaard-Petersen holds nerve to claim Australian Open title
Thinness obsession prompts diet drug misuse in South Korea
Chinese military issues new rules to ‘prioritise strict political discipline’
Bursa Malaysia likely to be data-dependent ahead of the FOMC meeting this week
Ringgit to remain steady this week and trade with RM4.10 and RM4.12 against the greenback
Singapore’s independence was not inevitable; key leaders on both sides pushed for separation, says Senior Minister Lee

Others Also Read