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Jakarta seeking private money to help fund expansion

New governor eyes funds for state-owned firms and infrastructure projects worth US$1b-US$1.5b

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Mr Uno says Jakarta's government would seek public-private partnerships to construct the second phase of the city's 116-km light rail transit system and an upcoming sports stadium.

Jakarta

THE newly installed government of Jakarta Governor Anies Baswedan is considering a dramatic increase in the use of private money to help fund expansion at the city's state-owned companies as well as infrastructure.

The Indonesian capital will seek private funds in as many

sentifi.com

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