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Indonesia govt's impasse over Freeport could spook foreign investors

Freeport McMoRan, although a legacy of the Suharto era, could pose a threat to Jokowi's re-election bid

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PT Freeport's Grasberg complex (above) in Papua, Indonesia. The Indonesian government said it was sending one of its heaviest hitters, Luhut Pandjaitan, to end the stalemate with Freeport.

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PT Freeport's Grasberg complex in Papua, Indonesia. The Indonesian government said it was sending one of its heaviest hitters, Luhut Pandjaitan (above), to end the stalemate with Freeport.

Jakarta

AS Indonesia's government ramps up pressure on Freeport McMoRan to relinquish control of its Grasberg copper-gold operation in the eastern province of Papua, the impasse risks sending a damaging message to investors that doing business in Indonesia is not for the faint of heart.

sentifi.com

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