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Investment in Indonesia picks up to quarterly record in fillip for Joko

Wednesday, April 29, 2015 - 05:50

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A production line of a new Coca-Cola plant in Cikedokan, Bekasi-West Java. The company is planning a US$500 million investment, the Indonesia Investment Coordinating Board said in January.

Jakarta

FOREIGN direct investment (FDI) in Indonesia quickened in the first full quarter since Joko Widodo became president, providing a boost to the leader's goal of revitalising South-east Asia's biggest economy.

Total investment rose 16.9 per cent to a quarterly record of 124.6

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