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China agrees to invest $3 bln in Indonesia sovereign wealth fund - Printable Version

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China agrees to invest $3 bln in Indonesia sovereign wealth fund - Scythian - 05-07-2022

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.


RE: China agrees to invest $3 bln in Indonesia sovereign wealth fund - Scythian - 05-07-2022

"Indonesia and Russia to build $22b refinery in East Java among other projects"

https://www.straitstimes.com/asia/se-asia/putin-offers-russian-railways-investment-in-new-indonesia-capital#:~:text=Indonesia%20and%20Russia%20to%20build%20%2422b%20refinery%20in%20East%20Java%20among%20other%20projects


RE: China agrees to invest $3 bln in Indonesia sovereign wealth fund - Blin - 05-07-2022

(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.


RE: China agrees to invest $3 bln in Indonesia sovereign wealth fund - Fleetdestroyer - 05-07-2022

Moronic kokee say China no money liao Rotfl Rotfl


RE: China agrees to invest $3 bln in Indonesia sovereign wealth fund - WhatDoYouThink? - 05-07-2022

got take money better be a good didi, dun anyhow throw temper and show childish anger hor


RE: China agrees to invest $3 bln in Indonesia sovereign wealth fund - Scythian - 05-07-2022

(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


RE: China agrees to invest $3 bln in Indonesia sovereign wealth fund - WhatDoYouThink? - 05-07-2022

遍地都是乞丐,连马桶都没有,还到处撒钱? 太过分了


RE: China agrees to invest $3 bln in Indonesia sovereign wealth fund - Scythian - 06-07-2022

(05-07-2022, 06:18 PM)Fleetdestroyer Wrote:  Moronic kokee say China no money liao Rotfl Rotfl


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?


RE: China agrees to invest $3 bln in Indonesia sovereign wealth fund - Scythian - 06-07-2022

..

Obviously, Singapore SWF is not interested or excited over China's $3 Bil investment at all.

Singapore Govt considers it as "nose snot."