Today is the era of global collaboration. The uneven global distribution of resources is pushing the international community to collaborate based on mutualism. Indonesia signed 23 project cooperations in the Belt and Road Initiative (BRI) scheme at the BRI conference in Beijing on April 26, 2019, which will be built in North Sumatra, North Kalimantan, North Sulawesi, Maluku, and Bali. These projects include, among others, the development of industrial estates and supporting infrastructure (Taman Kuning, Kaltara), power plant projects based on processed waste (North Sulawesi) and the Technology Park on Turtle Island (Bali). How is the Indonesian government preparing for its involvement in the BRI cooperation scheme?
The Chinese scheme which used to be known as One Belt One Road or OBOR has often aroused controversy. BRI is a global development strategy that was proposed by the leader of the People’s Republic of China’s Xi Jinping and was first announced in 2013. Currently, the program involves more than 20 countries around the world, including Indonesia, and has produced many factories, ports, infrastructure, and other commercial facilities in these countries. In addition to the global vision and mission of their leader, this program is possible because of China’s huge liquidity capacity, so that it was able to invest massively in various parts of the world.
This story is from the November 2019 edition of Legal Era.
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This story is from the November 2019 edition of Legal Era.
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