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Up to 50 potential investment and business projects worth a
total of US$1.8 billion will be on offer at the Riau Investment Summit
in Pekanbaru on Nov. 7-8.
The projects will range from an international airport, power plant,
turnpikes and railways, to agribusiness, Raja Mambang Mit, Riau
provincial secretary, said in Pekanbaru on Tuesday.
The summit is intended to help speed up the flow of foreign investment
in the resource-rich province, Mambang Mit said, so that "local economy
and people could grow even faster."
The province expects 115 potential investors, mostly from overseas, to
attend the event, which is scheduled to be opened by Vice President
Jusuf Kalla.
Investors from France, China, Malaysia, Middle East, India, Singapore,
the Netherlands and Ireland are among those who have confirmed their
participation.
The airport project is in line with the province's long-term plan to
build an international, much larger, air gate to replace existing
Sultan Syarif Kasim II Airport in Pekanbaru.
Other infrastructure projects include the construction of
Pekanbaru-Dumai tollroad, Pekanbaru-Dumai-Rantau Prapat and
Pekanbaru-Pangkalan Kerinci railways, as well as the development of a
gas-fired power plant in Duri and a coal-fired power plant in Dumai.
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