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Jakarta Post

Economy in brief: US investors show interest in Kuala Tanjung

  • The Jakarta Post

Batubara   /   Tue, July 17 2018   /  02:56 am

Overseas Private Investment Corporation (OPIC) vice president David Bohigian has said that investors from the United States have expressed interest in investing in infrastructure located near North Sumatra’s Kuala Tanjung Port, which is scheduled to be inaugurated by President Joko “Jokowi” Widodo on July 30.Bohigian told journalists while visiting Kuala Tanjung Port over the weekend that he had spoken to a number of American investors who showed interest in investing in both industry and infrastructure in Indonesia, including in Kuala Tanjung.“We allocated US$100 million to be utilized by American investors […]. That is why we came here, to inspect the progress of development here, including the Kuala Tanjung seaport construction,” Bohigian said.He said Kuala Tanjung Port would become one of the biggest seaports in Indonesia and a hub for international cargo, benefiting loca...