KONTAN.CO.ID - JAKARTA. Indonesia signed 11 business deals with the United Arab Emirates worth a combined 314.9 trillion rupiah ($23 billion) covering investment in energy and other sectors, President Joko Widodo said on Monday. Widodo witnessed the signing of the deals with Abu Dhabi Crown Prince Sheikh Mohammed Bin Zayed over the weekend during an official visit to Abu Dhabi, the Indonesian president said in a tweet. Widodo, who began his second term in office in October, is keen for an increase in foreign investment to help create jobs and boost growth in Southeast Asia's biggest economy, where economic growth has hovered at around 5% for several years.
Indonesia, UAE sign business deals worth about $23 bln - Widodo
KONTAN.CO.ID - JAKARTA. Indonesia signed 11 business deals with the United Arab Emirates worth a combined 314.9 trillion rupiah ($23 billion) covering investment in energy and other sectors, President Joko Widodo said on Monday. Widodo witnessed the signing of the deals with Abu Dhabi Crown Prince Sheikh Mohammed Bin Zayed over the weekend during an official visit to Abu Dhabi, the Indonesian president said in a tweet. Widodo, who began his second term in office in October, is keen for an increase in foreign investment to help create jobs and boost growth in Southeast Asia's biggest economy, where economic growth has hovered at around 5% for several years.