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View all search resultsThe investment minister has rustled up $7.46 billion in investment commitments during his China visit last week for a variety of projects, from plastics to power, in line with the government's overarching aim to reach food and energy security.
The future of Indonesian manufacturing lies in the development of industrial estates to support the growth of the sector. Such estates provide more efficient use of infrastructure and manufacturing facilities to enhance production while minimizing environmental impacts.
Red tape prevented Indonesia from climbing up the World Bank’s ease of doing business ranking last year, hence why the country has been ranked 73rd since 2018. The President wants the country reach the 40th position this year.
The autoterminal will be the first part of the port to be operational, opening in September. The port is located about 70 kilometers from the Karawang industrial estate in West Java, where many Japanese companies have built factories.
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