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The development bank hopes the loan will catalyse private capital into the country’s infrastructure sector which faces a gap in excess of $70bn per year.
Jakarta
More deregulation and introduction of tax incentives are expected to attract private capital, but risks, including corruption, remain.
While infra investors shouldn’t expect a repeat of the $5bn Equis Energy deal any time soon, they can look forward to a wealth of renewables opportunities. Each market poses its own challenges, though.
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