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Jan 26, 2022 04:45 PM
FINANCE

Singapore to Pump $9.2 Billion in Indonesia’s Green Economy, Port Hub

A security officer patrols the Tanjung Priok port in Jakarta, Indonesia, in November 2021. Photo: IC Photo
A security officer patrols the Tanjung Priok port in Jakarta, Indonesia, in November 2021. Photo: IC Photo

(The Straits Times) — Singapore will be investing $9.2 billion to support green investment and build a logistics port hub in Indonesia, President Joko Widodo said on Tuesday.

The money, he said, will fund renewable energy projects in Batam, Riau Islands province, and in Sumba island and West Manggarai in East Nusa Tenggara province, as well as the development of a logistics hub in Jakarta’s Tanjung Priok port, the country’s largest and busiest seaport.

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