From the JakartaGlobe
Indonesia could see more investment coming from China, as its strategic location and abundance of natural resources serve as a drawing factor, according to Suryo Bambang Sulisto, chairman of Indonesian Chamber of Commerce and Industry.
“[As an investment destination] Indonesia is the most attractive because in terms of distance [from China] we are closer than Australia and Africa,” Suryo said at the Indonesia International Infrastructure Conference and Exhibition in Jakarta on Thursday.
The Investment Coordinating Board (BKPM) reported that China invested $52.6 million in Indonesia in the first half of this year, a small amount compared to the total foreign direct investment of $11.9 billion.
China invested a total of $128.2 million over 160 projects in Indonesia last year.
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