Indonesian president-elect Joko Widodo has invited Malaysian businessmen to invest infrastructure which have been identified as the core areas of growth under his leadership.
He said Indonesia needed massive investment and if domestic capital was not sufficient then Indonesia would need to look for investors abroad including Malaysia.
The project is being built largely by a consortium of Indonesian and Japanese companies, to alleviate gridlock in the heart of a greater metro area of almost 30 million people. It had been in the planning stages for more than 20 years, according to reports.
Hinting that Malaysian businessmen should look beyond oil palm plantations, Jokowi said Indonesia welcomed Malaysian investment in infrastructure.
“At the same time, more investments and attention will be channelled into infrastructure development. This can be done by utilising the savings from fuel subsidy reductions”.
He said it was his task as the incoming president to balance out these pressures, adding that “my commitment to the Indonesian people is to create economic growth and employment”.