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Sovereign Wealth Funds Briefing - Categorized | Investment

China may invest up to US$25 bln in Indonesia

Posted on 05 August 2010

From China Knowledge: China Investment Corp, the country’s US$300-billion sovereign wealth fund, is likely to invest up to US$25 billion in Indonesia, said Mustafa Abubakar, a senior government official from Southeast Asia’s biggest economy, on Tuesday.
Abubakar said that the Chinese sovereign wealth fund had expressed interest in investing in three state-owned Indonesian companies: coal miner PT Tambang Batubara Bukit Asam, electricity firm Perusahaan Listrik Negara, and port operator Pelindo……………………………………….Full Article: Source

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