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View all search resultsChina, the world's largest bilateral creditor, has historically played a key role in financing infrastructure projects across the Global South, committing over $472 billion through its policy banks, the China Development Bank and Export-Import Bank, between 2008 and 2024.
Experts have raised concerns about the limited involvement of micro, small and medium enterprises (MSMEs) in running the kitchens, despite the President's promise that the ambitious program would bolster local economies.
Appealing conditions are needed to encourage the move of Chinese companies to Indonesia in the automotive, electronics, chemical and textile sectors, according to the Industrial Estates Association (HKI).
President Joko “Jokowi” Widodo has described local opposition to plans to develop a new eco-city project on Rempang Island, in Riau Islands, as a case of miscommunication, as he promised to send Investment Minister Bahlil Lahadalia to resolve the issue.
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