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Comments About S. Arabia's 'Small' Investment Just A Joke: Jokowi


Saudi Arabia's King Salman bin Abdulaziz Al Saud (center) prepares to board an airplane at Ngurah Rai International Airport, Bali, on Sunday afternoon for a flight to Haneda Airport in Tokyo. (Courtesy of PT Angkasa Pura I/N/A)

 


 April 17th, 2017  |  09:12 AM  |   622 views

JAKARTA

 

President Joko “Jokowi” Widodo has said he was only joking when he said he was “a little disappointed” that Saudi Arabia had made a meager investment in Indonesia even though he had gone the extra mile in courting King Salman bin Abdul Aziz during his recent visit to Jakarta.

 

“The statements were not serious as they were made during an informal forum,” he said after inaugurating the KH Hasyim Asy’ari Grand Mosque in West Jakarta on Saturday,

 

The President said the fact that the kingdom had made a larger investment in China was a wake-up call for world's largest Muslim majority country to improve its investment climate. It showed that the Saudis were more comfortable investing in China, he said.

 

“Why can’t we get investment? It’s because our investment climate and investment ratings are still low. Not to mention legal certainty, which needs to be improved,” he said.

 

On Thursday, President Joko "Jokowi" Widodo said he was disappointed to learn that Saudi Arabia had invested US$65 billion in China, almost ten times the Rp 89 trillion ($6.71 billion) pledged to Indonesia.

 

"[Saudi] investment in Indonesia is big, but I am surprised that when the King went to China, he signed [contracts worth over] Rp 870 trillion [$65 billion]," Jokowi said.

 

"I even held up the umbrella for the King, but we got a smaller amount. I am a little bit disappointed, just a little," he said. (dis/ary)

 


 

Source:
courtesy of THE JAKARTA POST

by JAKARTA POST

 

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