Vision Finland's Partners
SKAK Banner Thai-Finnish Chamber of Commerce Logo FBC Singapore Logo NordCham Indonesia Logo NordCham Philippines Logo
JMT Solutions banner Seven Stones Finland banner Asian Insiders Banner FTA Banner
ASEAN Asia Business China Indonesia Investment Reports Southeast Asia Technology

Indonesia Receives Bulk of China’s Regional Investments

duc van 6SJu Rs9USo unsplash
Chinese Alibaba took a controlling stake in Lazada already in 2016.

In 2023, Southeast Asia received around 50% of China’s regional investments, marking a 27% increase from the previous year. Indonesia emerged as the leading recipient of these funds, attracting approximately US$7.3 billion.

During a bilateral meeting at the Merdeka Palace on 8 September 2023, Indonesian President Joko Widodo and Chinese Premier Li Qiang confirmed a new investment pledge of US$21.7 billion from China, covering sectors such as e-commerce, industry, agriculture, fisheries, science and technology, and innovation.

This agreement builds on a previous US$44.89 billion commitment made in July of the same year. Additionally, the two countries agreed on the Financing Facilitation for the China-Indonesia “Two Countries, Twin Parks” initiative, further solidifying their economic ties under the Belt and Road Initiative (BRI).

Read the article by clicking HERE.


There are currently no events.