Indonesia state firms to invest $24.96b in infrastructure projects in 2016

Indonesia state firms to invest $24.96b in infrastructure projects in 2016

Minister of SOEs Rini Soemarno at press conference - Photo by Vincencia NLS

Indonesia state owned companies are targeting to develop a total of 73 projects in 2016 worth Rp347 trillion ($24.96 billion), up from Rp348.52 trillion in 2015, State Own Enterprise (SOEs) Minister Rini Soemarno said late Tuesday (Jan. 18).

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