Trade
Minister Gita Wirjawan says Indonesia will receive billions of US dollars in
foreign investment.
“I think the number could be in the tens of
billions of US dollars,” he said Wednesday as quoted by Tribunnews.com.
He explained that there would be three large
investment flows to Indonesia, including from South Korea, which would be the
biggest investor.
“Korean-based company Posco Sajau will invest
US$6 billion, Lotte $6 billion and Handcock $1.5 billion,” he said.
Gita said that other investments would come
from India, the United States and Australia.
He said there would be about 100 Australian
delegations attending the ASEAN Business and Investment Summit and that it
would invest about $1 billion in Indonesia.
Meanwhile, he said, Japan would invest in the
automotive industry and Russia would invest in the transportation, commodities
and infrastructure industries.
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