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UAE, Indonesia reach multi-billion dollar investment deals

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UAE, Indonesia reach multi-billion dollar investment deals
UAE, Indonesia reach multi-billion dollar investment deals

Indonesia and the United Arab Emirates have affirmed deeper economic ties during a visit by Indonesian President Joko Widodo in which he sought billions of dollars to finance his country's infrastructure and energy projects

elections last April. The plans would require more than $400 billion to modernize the archipelago nation, home of more than 260 million people.

He pledged to push ahead with sweeping and potentially unpopular economic reforms, including more business-friendly labor laws, in his final term.

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14 January 2020, 10:34