Indonesia targets more investments from UAE during visit in January

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Indonesia targets more investments from UAE during visit in January
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Indonesia expects to sign more deals with the United Arab Emirates in the energy...

FILE PHOTO: Abu Dhabi's Crown Prince Sheikh Mohammed bin Zayed Al Nahyan and Indonesian President Joko Widodo wave to photographers during their meeting at the presidential palace in Bogor, Indonesia, July 24, 2019. Dita Alangkara/Pool via Reuters

The Indonesian government is keen to attract more foreign investors to help boost its economic growth, which has held near 5% for several years. During Widodo’s planned visit in January, the government aims to sign a memorandum of understanding with sovereign wealth fund Abu Dhabi Investment Authority “to support infrastructure development Indonesia”, the Coordinating Ministry of Maritime and Investment Affairs said in its statement.

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