Reported about 14 hours ago
Indonesia's sovereign wealth fund Danantara intends to finalize an $8 billion contract with US engineering firm KBR Inc to construct 17 modular refineries. This agreement follows a recent trade deal with the US that reduced proposed tariffs. The initiative is part of Indonesia's strategy to enhance its economy, which aims for an 8% growth, and includes potential investments in other sectors such as energy and aviation, with overall deal potentials reaching up to $34 billion.
Source: YAHOO