TOKYO -- The government-backed Development Bank of Japan will as early as Friday launch a $60 million fund with Indonesia's sovereign wealth fund to provide financing to midsize companies in a country with bright economic growth prospects.
$60m fund to finance midsize companies with eye toward future tie-ups
Trucks drive past stacks of containers at the Tanjung Priok port in Jakarta. Logistics is likely to be an area of investment for the fund. © Reuters
TOKYO -- The government-backed Development Bank of Japan will as early as Friday launch a $60 million fund with Indonesia's sovereign wealth fund to provide financing to midsize companies in a country with bright economic growth prospects.