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Economy

Indonesia to offer investment incentives for 'priority' sectors

Presidential decree provides benefits for industries from nickel to chips

A heavy truck drives through a nickel mining area in Soroako, South Sulawesi, Indonesia, in this March 2019 photo.   © AP

JAKARTA -- In a bid to spur both domestic and foreign investment, Indonesia has designated 245 industries as "priority" and will offer incentives to attract capital to those sectors.

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