Indonesia reveals next wave of privatization

The Indonesian Minister of State Owned Enterprises (SOEs) outlines plans for attracting a new wave of foreign investment and privatization receipts.

In a wide ranging speech to a select group of foreign investors in Hong Kong yesterday, Sugiharto, the Indonesian Minister for SOEs, revealed the many measures his government is considering in order to increase the level of foreign investment in the country from 20% to 30% of GDP, a necessary figure to get GDP growth up to 7%.

On the corporate front, Sugiharto said Indonesia Power and Jasa Marga would both be coming to...

To continue reading, please login or register for free

Click for more on: indonesia | reveals | next | wave | privatization

Print Edition

FinanceAsia Print Edition

CONFERENCES

  • Green Bonds Southeast Asia

    25 May 2017  |  Singapore
    With Green Bonds globally reaching USD200 billion outstanding in 2016, from as little as 30bn just 4 years ago, can SE Asia corporations and ...
  • 2nd Compliance Summit Southeast Asia

    17 August 2017  |  Singapore
    The 2017 Compliance Summit Southeast Asia will take an in-depth look at the key compliance considerations today with a focus on regulation and new ...