{"id":12327,"date":"2021-11-10T20:40:03","date_gmt":"2021-11-10T12:40:03","guid":{"rendered":"https:\/\/newmalaysiatimes.com\/?p=12327"},"modified":"2021-11-10T20:40:05","modified_gmt":"2021-11-10T12:40:05","slug":"malaysia-expands-investments-in-indonesia-worth-us3-1-bln","status":"publish","type":"post","link":"https:\/\/newmalaysiatimes.com\/?p=12327","title":{"rendered":"Malaysia expands investments in Indonesia worth US$3.1 bln"},"content":{"rendered":"\n

JAKARTA, Nov 10\u00a0— Malaysia\u00a0has continued to expand its investments in Indonesia through the signing of five memorandums of understanding (MoU) and agreements\u00a0that will be sealed by the private sectors of both countries\u00a0worth\u00a0US$3.1 billion.<\/p>\n\n\n\n

Malaysia\u2019s total investments in Indonesia amounted to\u00a0US$12.53 billion while Indonesian investments in Malaysia were\u00a0worth\u00a0US$1.16 billion in the second quarter of this year.<\/p>\n\n\n\n

\"investments\"<\/figure><\/div>\n\n\n\n

\u201cI believe Malaysian investments in Indonesia are big,\u201d Prime Minister Datuk Seri Ismail Sabri Yaakob told reporters in a media conference with Indonesia\u2019s\u00a0President Joko Widodo at Istana Bogor in conjunction with his inaugural three-day\u00a0official visit to the country, which started on Tuesday.<\/p>\n\n\n\n

Ismail Sabri also called for the involvement of Malaysian companies in the development of Kalimantan, which shares a border with Sabah and Sarawak. <\/p>\n\n\n\n

Indonesia is building its new capital in eastern Kalimantan.<\/p>\n\n\n\n

The country is an important trade and strategic partner for Malaysia, with the total trade between them worth US$15.67 billion in 2020, according to the prime minister.<\/p>\n\n\n\n

NMT<\/a> as reported by Bernama<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

JAKARTA, Nov 10\u00a0— Malaysia\u00a0has continued to expand its investments in Indonesia through the signing of…<\/p>\n","protected":false},"author":1,"featured_media":12328,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[14,17,524],"tags":[],"class_list":["post-12327","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-asia","category-economy","category-nation"],"featured_image_urls":{"full":["https:\/\/newmalaysiatimes.com\/wp-content\/uploads\/2021\/11\/Screen-Shot-2021-11-10-at-20.38.52.png",576,315,false],"thumbnail":["https:\/\/newmalaysiatimes.com\/wp-content\/uploads\/2021\/11\/Screen-Shot-2021-11-10-at-20.38.52-150x150.png",150,150,true],"medium":["https:\/\/newmalaysiatimes.com\/wp-content\/uploads\/2021\/11\/Screen-Shot-2021-11-10-at-20.38.52-300x164.png",300,164,true],"medium_large":["https:\/\/newmalaysiatimes.com\/wp-content\/uploads\/2021\/11\/Screen-Shot-2021-11-10-at-20.38.52.png",576,315,false],"large":["https:\/\/newmalaysiatimes.com\/wp-content\/uploads\/2021\/11\/Screen-Shot-2021-11-10-at-20.38.52.png",576,315,false],"1536x1536":["https:\/\/newmalaysiatimes.com\/wp-content\/uploads\/2021\/11\/Screen-Shot-2021-11-10-at-20.38.52.png",576,315,false],"2048x2048":["https:\/\/newmalaysiatimes.com\/wp-content\/uploads\/2021\/11\/Screen-Shot-2021-11-10-at-20.38.52.png",576,315,false],"newsium-slider-full":["https:\/\/newmalaysiatimes.com\/wp-content\/uploads\/2021\/11\/Screen-Shot-2021-11-10-at-20.38.52.png",576,315,false],"newsium-featured":["https:\/\/newmalaysiatimes.com\/wp-content\/uploads\/2021\/11\/Screen-Shot-2021-11-10-at-20.38.52.png",576,315,false],"newsium-medium":["https:\/\/newmalaysiatimes.com\/wp-content\/uploads\/2021\/11\/Screen-Shot-2021-11-10-at-20.38.52.png",576,315,false]},"author_info":{"info":["Editor"]},"category_info":"Asia<\/a> Economy<\/a> Nation<\/a>","tag_info":"Nation","comment_count":"0","_links":{"self":[{"href":"https:\/\/newmalaysiatimes.com\/index.php?rest_route=\/wp\/v2\/posts\/12327","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/newmalaysiatimes.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/newmalaysiatimes.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/newmalaysiatimes.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/newmalaysiatimes.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=12327"}],"version-history":[{"count":1,"href":"https:\/\/newmalaysiatimes.com\/index.php?rest_route=\/wp\/v2\/posts\/12327\/revisions"}],"predecessor-version":[{"id":12329,"href":"https:\/\/newmalaysiatimes.com\/index.php?rest_route=\/wp\/v2\/posts\/12327\/revisions\/12329"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/newmalaysiatimes.com\/index.php?rest_route=\/wp\/v2\/media\/12328"}],"wp:attachment":[{"href":"https:\/\/newmalaysiatimes.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=12327"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/newmalaysiatimes.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=12327"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/newmalaysiatimes.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=12327"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}