How much is Hungary's investment in Indonesia?
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Indonesia and Hungary will establish a US$1 billion investment fund (Rp 14 trillion). Both countries have agreed to contribute US$500 million (Rp 7 trillion each) for infrastructure development in Indonesia.
Prior to the establishment of this investment fund, Hungary had already made several investments in Indonesia. While these investments were only US$80,600 in 2016 and US$50,000 in 2017, they surged to US$1.9 million in 2018, the highest in the past four years. Furthermore, by September 2019, Hungary had invested a further US$616,000.
"Disclosure: This is an AI-generated translation of the original article. We strive for accuracy, but please note that automated translations may contain errors or slight inconsistencies."
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