Indonesia has found China’s openness to its feedback on improving the Belt and Road Initiative highly encouraging” and is forecasting multibillion-dollar investments by Chinese firms in four regions earmarked as future growth drivers, the country’s investment minister Tom Lembong said.
Lembong, who heads the Indonesian Investment Coordinating Board (BKPM), said one suggestion he gave Beijing was to involve professionals who could structure fair and financially viable deals for its ambitious plan to boost global trade and connectivity.
To that end, the BKPM signed an agreement last week with Chinese investment bank CICC to scrutinise new belt and road investments into Indonesia, the Harvard-educated former banker said in an exclusive interview with the South China Morning Post.