Rangga D. Fadillah, The Jakarta Post
Malaysia has shown signs of perceiving Indonesia as a source of investment that could boost its own economic growth by driving its ambitious economic transformation programs designed to increase its income per capita to US$15,000 by 2020.
Kuala Lumpur invited Indonesian businesspeople to explore investment potentials in Malaysia during the recent visit of Malaysian Deputy Prime Minister Muhyiddin Yassin to Jakarta.
Muhyiddin met with representatives of Indonesian prominent businessmen to affirm his country’s commitment to opening larger opportunities for private business entities to become involved in the country’s development projects.
“I came here to explain about Malaysia’s economic transformation programs, including 131 projects opened for the private sector’s involvement both from Malaysia and Indonesia,” he said at a press conference after the meeting at Bank Mega Tower in Jakarta on Friday evening.
He said the Malaysian government had decided to reduce its involvement in those offered projects, adding that the government would cover no more than 8 percent of all required funds.
Showing posts with label Lippo Group. Show all posts
Showing posts with label Lippo Group. Show all posts
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