Indonesia invites China to take part in multi-billion infrastructure projects

Indonesia invites China to take part in multi-billion infrastructure projectsWhile Malaysia just has expressed unease about alleged infavourable repercussions of Chinese investments in construction and infrastructure in the country, Indonesia is fully optimistic that Beijing’s noble goal is to improve an emerging country’s standing by assisting in funding of public projects.

The Indonesian government has now offered various infrastructure projects to China worth a total of $13.2 billion during a recent conference attended by 90 potential investors in Guangzhou, China. Indonesia’s Investment Coordination Agency (BKPM) deputy head of investment planning, Tamba Hutapea, said the event was held in cooperation between BKPM and the Indonesian Consulate General in Guangzhou.

The offered projects include electricity power plants under the independent power producer scheme and toll roads in a number of regions.

“The total value of the offered projects is $13.2 billion,” Tamba said, according to The Jakarta Post.

He added that the government through infrastructure financing guarantee agency PT Penjaminan Infrastruktur Indonesia could give guarantees for any companies that wanted to take part in the government-to-business cooperation scheme.

“The government invites both domestic and international investors to take part in the government-to-business project,” he said, adding that the government’s support could be in the form of guarantees as well as fiscal and non-fiscal incentives.

Among the companies that sent representatives to the market sounding event were CCCC Industrial Investment Holding Co., Ltd., China Energy Engineering Group Guangdong Electric Power Design Institute Co., Ltd., Guangdong Zhiyuan New Material Co., Ltd., GD Shengda Investment Group and China Southern Power Grid Co., Ltd.

“Some of the Chinese companies have expressed interest in investing in the offered projects,” said Tamba, adding that BKPM would follow up with them.



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While Malaysia just has expressed unease about alleged infavourable repercussions of Chinese investments in construction and infrastructure in the country, Indonesia is fully optimistic that Beijing’s noble goal is to improve an emerging country’s standing by assisting in funding of public projects. The Indonesian government has now offered various infrastructure projects to China worth a total of $13.2 billion during a recent conference attended by 90 potential investors in Guangzhou, China. Indonesia’s Investment Coordination Agency (BKPM) deputy head of investment planning, Tamba Hutapea, said the event was held in cooperation between BKPM and the Indonesian Consulate General in Guangzhou. The...

Indonesia invites China to take part in multi-billion infrastructure projectsWhile Malaysia just has expressed unease about alleged infavourable repercussions of Chinese investments in construction and infrastructure in the country, Indonesia is fully optimistic that Beijing’s noble goal is to improve an emerging country’s standing by assisting in funding of public projects.

The Indonesian government has now offered various infrastructure projects to China worth a total of $13.2 billion during a recent conference attended by 90 potential investors in Guangzhou, China. Indonesia’s Investment Coordination Agency (BKPM) deputy head of investment planning, Tamba Hutapea, said the event was held in cooperation between BKPM and the Indonesian Consulate General in Guangzhou.

The offered projects include electricity power plants under the independent power producer scheme and toll roads in a number of regions.

“The total value of the offered projects is $13.2 billion,” Tamba said, according to The Jakarta Post.

He added that the government through infrastructure financing guarantee agency PT Penjaminan Infrastruktur Indonesia could give guarantees for any companies that wanted to take part in the government-to-business cooperation scheme.

“The government invites both domestic and international investors to take part in the government-to-business project,” he said, adding that the government’s support could be in the form of guarantees as well as fiscal and non-fiscal incentives.

Among the companies that sent representatives to the market sounding event were CCCC Industrial Investment Holding Co., Ltd., China Energy Engineering Group Guangdong Electric Power Design Institute Co., Ltd., Guangdong Zhiyuan New Material Co., Ltd., GD Shengda Investment Group and China Southern Power Grid Co., Ltd.

“Some of the Chinese companies have expressed interest in investing in the offered projects,” said Tamba, adding that BKPM would follow up with them.



Support ASEAN news

Investvine has been a consistent voice in ASEAN news for more than a decade. From breaking news to exclusive interviews with key ASEAN leaders, we have brought you factual and engaging reports – the stories that matter, free of charge.

Like many news organisations, we are striving to survive in an age of reduced advertising and biased journalism. Our mission is to rise above today’s challenges and chart tomorrow’s world with clear, dependable reporting.

Support us now with a donation of your choosing. Your contribution will help us shine a light on important ASEAN stories, reach more people and lift the manifold voices of this dynamic, influential region.

$
Personal Info

Donation Total: $10.00

 

 

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