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Bangkok Post
Bangkok Post
Business

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

Workers stand beside an Electric Multiple Unit high-speed train for a rail link project part of China's Belt and Road Initiative, at Tegalluar train depot in Bandung, West Java province, Indonesia, Oct 13, 2022. (Reuters file photo)

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 $89 billion in investments next year while pushing ahead with a $34 billion new capital in Borneo. All these plans need funding and support from wealthier, developed nations.

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