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Jokowi readies G-20 deals to showcase Indonesia's growing clout

Bloomberg
Bloomberg • 4 min read
Jokowi readies G-20 deals to showcase Indonesia's growing clout
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Indonesia is using the Group of 20 summit next week to power through deals ranging from infrastructure to carbon trading that spotlights its ambitions as a Southeast Asian economic powerhouse.

Much is at stake for Indonesian President Joko Widodo, who is targeting US$89 billion in investments next year while pushing ahead with a US$34 billion new capital in Borneo. All these plans need funding and support from wealthier, developed nations.

“This message is mostly for the domestic audience to show that the G-20 forum running this whole time did result in some concrete projects,” said Yose Rizal Damuri, Executive Director at the Center for Strategic and International Studies.

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