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Indonesia woos Chinese investors with $60-billion menu of Belt and Road projects

Reuters  |  JAKARTA 

JAKARTA (Reuters) - Indonesia is offering new projects worth up to $60 billion to Chinese investors in a bid to capitalise on Beijing's Belt and Road initiative, a senior official said, despite growing concern about the strings tied to some of the loans worldwide.Despite Indonesia's strategic location, Southeast Asia's largest economy has not been among the biggest beneficiaries of China's trillion-dollar push to create a modern day Silk Road.Its best-known Belt and Road project is a $6-billion railway linking the capital, Jakarta, to the textile hub of Bandung, which has faced land ...

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First Published: Wed, December 05 2018. 15:11 IST