Crosses to Indonesia for $25 billion trillion

In the afternoon of August 3, Abubakar Mustafa Abubakar, Indonesia's state-owned enterprise minister, said in Tuesday that CIC could invest $25 billion in Indonesia.　　The move is expected to significantly increase foreign direct investment in Indonesia and help raise its investment rating.　　According to Reuters, Abubakar said CIC had expressed interest in investing in the Indonesian state-owned coal company PT Tambang Batubara Bukit Asam, the Indonesian state-owned power company PLN and the state-owned port operator Pelindo. "CIC will set up a joint venture that will invest 2 billion dollars, but the total investment will be $25 billion."　　"he said. CIC invested 58 billion of billions of dollars overseas last year, with many investing in Indonesia's niche, such as natural resources and agriculture. Indonesia has a wealth of natural resources such as coal, palm oil, copper and logs, and China has a greater demand for such resources.