Chinese Investors Offered US$91.1 Billion Infrastructure Projects

    Antara - 03 Desember 2019 19:32 WIB
    Chinese Investors Offered US$91.1 Billion Infrastructure Projects
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    Jakarta: Indonesia’s Investment Coordinating Board (BKPM) has offered 28 infrastructure projects worth US$91.1 billion to investors under China's Belt and Road Initiative (BRI) in Chongqing port city, Sichuan Province.

    According to a press statement issued here on Tuesday, December 3, 2019, the Embassy of Indonesia to China in Beijing and the Ministry of Trade recently organized the Indonesia-China Business Forum on Trade, Tourism, and Investment, with attendees comprising at least 100 investors and company representatives.

    "Indonesia has committed to expanding businesses overseas under the Belt and Road Initiatives. It will serve as an attractive opportunity for investors here (in Chongqing)," BKPM's Investment Planning Deputy Ikmal Lukman noted in a speech delivered at the business forum on Monday, December 2, 2019.

    Lukman expounded that the infrastructure projects were located in several provinces. They are North Sumatra, North Sulawesi, North Kalimantan, and Bali.

    "The number of investment opportunities may be higher, as eight other infrastructure projects outside the BRI scheme had yet to be mentioned," he said.

    Lukman pointed out that most Chinese investors currently contributed to the secondary sectors, including electronics, electricity, gas, water distribution, transportation, logistics, and telecommunication. Most of them were centered in Java island. (Antara)


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