JAKARTA: A dozen Malaysian companies have expressed interest in sinking some Rp 55tril (RM18bil) into Indonesia, according to Disadvantaged Regions and Transmigration Minister Eko Putro Sandjojo. On President Joko “Jokowi” Widodo’s instruction, Eko visited the neighboring country on April 20-21 with the specific task of offering investment opportunities in the archipelago. Potential investment from Malaysian companies has reached Rp 33 trillion,” said Eko in Jakarta on Thursday. “Another [interested] company is United Engineers Malaysia (UEM), who nearly made a deal to continue the construction of the Palimanan-Solo toll road,” said Eko. Business delegates from Malaysia are scheduled to arrive in Indonesia in early May to further discuss their investment commitments in Indonesia, he added.

Source: The Star April 27, 2017 06:45 UTC