Qatar to invest more than $500m in Indonesia's '10 New Balis'
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Airlangga said that even though the country was severely hit by COVID-19, it had bounced back from the pandemic-induced economic recession to record 5.1 percent growth in the first quarter of the year. He also noted that this figure was higher than that of other G20 members, including Germany and China.
“We’ve prioritized our people, we’ve invested in them and we [have] their trust. We feel that if Indonesians can trust their government to serve their best interests, this is the most valuable investment of all,” he said.
The two ministers were very positive about the “10 New Balis” project, as well as potential investments in other development projects in the coming years as the two nations sought to deepen investment relations. They also touched briefly on deepening the two countries’ cultural ties, including Indonesia’s appointment as a key partner country for Qatar’s 2023 Year of Culture.
https://www.thejakartapost.com/business/2022/05/25/qatar-to-invest-more-than-500m-in-10-new-balis.html
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