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A historic $23 billion deal signed between Indonesia and the UAE will unleash broad-based economic development and boost bilateral relations
Indonesia has big plans for development. President Joko Widodo has been meeting with UAE Crown Prince Mohammed Bin Zayed Al Nahyan to discuss the two nations’ close ties and ways in which they can cooperate to improve food and energy security in Indonesia, the world’s most populous Islamic nation. This new era of cooperation has been defined by a historically large deal worth $22.8 billion, which the UAE has committed to Indonesia through a sovereign wealth fund that will back infrastructure and energy projects. Indonesia’s ambassador to the UAE, H.E. Husin Bagis, discusses these and other projects in the pipeline
