JAKARTA -- Leaders of the Association of Southeast Asian Nations attended a "flagship" investment forum in Jakarta on Tuesday, pitching at least 93 projects from an aluminum smelter to port development worth $38 billion to the bloc's partner countries.
Held as part of the ASEAN Summit meetings that started on the same day, the ASEAN-Indo-Pacific Forum (AIPF) is designed to mobilize public and private funding to foster more economic cooperation and development and reduce geopolitical tensions in the Indo-Pacific region.
