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China agrees to invest $3 bln in Indonesia sovereign wealth fund
July 4 (Reuters) - China's Silk Road Fund (SRF) has signed an agreement to invest up to 20 billion yuan ($2.99 billion) in Indonesia's sovereign wealth fund, the funds said on Monday, a deal some analysts said could deter Western investors from the Indonesian fund.
The agreement allows for investment in all sectors open to foreigners in Indonesia, especially projects with economic connectivity between the countries, the Indonesia Investment Authority (INA) and SRF said in a joint statement.
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"Indonesia and Russia to build $22b refinery in East Java among other projects"
https://www.straitstimes.com/asia/se-asi...20projects
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(05-07-2022, 06:08 PM)Scythian Wrote: China agrees to invest $3 bln in Indonesia sovereign wealth fund
July 4 (Reuters) - China's Silk Road Fund (SRF) has signed an agreement to invest up to 20 billion yuan ($2.99 billion) in Indonesia's sovereign wealth fund, the funds said on Monday, a deal some analysts said could deter Western investors from the Indonesian fund.
The agreement allows for investment in all sectors open to foreigners in Indonesia, especially projects with economic connectivity between the countries, the Indonesia Investment Authority (INA) and SRF said in a joint statement.
straight forward is a good deal ,win win. amount not too much not too little.
(This post was last modified: 05-07-2022, 06:13 PM by
Blin.)
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Moronic kokee say China no money liao
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got take money better be a good didi, dun anyhow throw temper and show childish anger hor
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(05-07-2022, 06:12 PM)Blin Wrote: straight forward is a good deal ,win win. amount not too much not too little.
OBOR
For building an overhead bridge from JB to Batam bypassing Singapore
(This post was last modified: 05-07-2022, 06:32 PM by
Scythian.)
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遍地都是乞丐，连马桶都没有，还到处撒钱? 太过分了
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(05-07-2022, 06:18 PM)Fleetdestroyer Wrote: Moronic kokee say China no money liao
Is it becoz China didn't invest in GIC?
Why China didn't trust Singapore Govt with $3 Bil instead of investing with Indonesia Govt?
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..
Obviously, Singapore SWF is not interested or excited over China's $3 Bil investment at all.
Singapore Govt considers it as "nose snot."
![](https://i.imgur.com/CLvY2jA.png")
