Indonesia is using the Group of 20 (G-20) summit next week to power through deals ranging from infrastructure to carbon trading that spotlight its ambitions as a Southeast Asian economic powerhouse.
Much is at stake for Indonesian President Joko Widodo, who is targeting US$89 billion (S$125 billion) in investments in 2023, while pushing ahead with a US$34 billion new capital in Borneo. All these plans need funding and support from wealthier, developed nations.
"This message is mostly for the domestic audience to show that the G-20 forum running this whole time did result in some concrete projects," said Dr Yose Rizal Damuri, executive director at the Centre for Strategic and International Studies.
It is also a way for Mr Widodo, popularly known as Jokowi, to leave behind a legacy of growth and investment, he added. The President is currently in his second and final term in office.
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