Investment talks: Proceeding to the opening ceremony of the Standard Chartered CEO Connect Forum entitled “Connecting Indonesia and China through the Belt & Road Initiative (BRI)” in Jakarta on Tuesday are (from left) Standard Chartered Bank Indonesia CEO Rino Donosepoetro, Chinese Ambassador to Indonesia Xiao Qian and Investment Coordinating Board head Thomas Lembong. Standard Chartered Bank is committed to supporting the implementation of the BRI in 47 countries, including Indonesia.(JP)

Indonesia is set to propose 28 projects worth US$91.1 billion to Chinese investors on Wednesday as part of its participation in China’s Belt and Road Initiative (BRI), a senior minister has said.

Coordinating Maritime Affairs Minister Luhut Pandjaitan said the government would offer those projects, which include seaports and industrial estates, power plants, smelters and tourism estates, during the first steering committee meeting in Bali this Wednesday and Thursday.