Indonesia, UAE sign $23bn investment deals – Saudi Gazette

Indonesia, UAE sign $23bn investment deals – Saudi Gazette

The investments will be made through a new Indonesian sovereign wealth fund set to also involve Japan's Softbank and US International Development Finance Corporation, Jakarta said, without elaborating.. Other investments include deals in ports, renewable energy and agriculture.. Jakarta said the agreements could include investment in Indonesia's planned new capital on the island of Borneo as it moves away from congested Jakarta -- one of the fastest sinking cities on Earth..