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Sovereign Wealth Funds Briefing - Categorized | Investment

CIC eyes Indonesian state owned enterprises: Minister

Posted on 04 August 2010

From Thejakartaglobe.com: China Investment Corporation may invest as much as $25 billion in Indonesia’s energy, mining and infrastructure sectors, potentially providing a huge boost to foreign investment and improving the country’s chances of receiving an investment-grade debt rating.
State Enterprises Minister Mustafa Abubakar said China’s $300 billion sovereign wealth fund had expressed interest in investing in three of Indonesia’s state firms — coal miner Tambang Batubara Bukit Asam, electricity utility Perusahaan Listrik Negara and port operator Pelabuhan Indonesia II (Pelindo II)……………………………………….Full Article: Source

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