Southeast Asia vies for foreign manufacturers leaving China

Indonesia, Thailand and others tussle over shrinking investment pie

20200701N Jakarta

Central Jakarta: Indonesia is trying to attract foreign companies through tax breaks and land deals. © Reuters

KOYA JIBIKI, Nikkei staff writer

JAKARTA -- When Indonesian President Joko Widodo unveiled the site of a new industrial park in Batang, on the island of Java, his message to the world was clear: the country was open for business.

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