Sintesa CEO: How Indonesia is finding its place in Belt and Road

Shinta Widjaja Kamdani believes her business and her country will benefit from China's initiative ... but there are downsides.
Joko Widodo and Xi Jinping discuss Belt and Road deals in Beijing.
Joko Widodo and Xi Jinping discuss Belt and Road deals in Beijing.

As head of a major family-owned conglomerate Shinta Widjaja Kamdani is well-placed to take a view on China's investment in her native Indonesia.

The archipelago nation of 260 million people is exactly the kind of country China wants to bring into its Belt and Road Initiative. It is geographically close, has a dynamic but underdeveloped economy and is in need of massive infrastructure investment to fulfil its potential. And, in April, Indonesian President Joko Widodo met his Chinese counterpart Xi Jinping in Beijing to seal five cooperation contracts worth some $23.3 billion.

Four of those deals covered the energy sector one of four key business focuses...

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