Source: International Hirald Tribune

JAKARTA, Indonesia Indonesia will seek US$12 billion (9.4 billion euros) in private capital to fund infrastructure projects at a conference that kicks off Wednesday, but it faces challenges overcoming an image of corruption that may scare off investors.

Topping the list of deals on offer are the construction of a US$1.5 billion (1.2 billion euros) fiber optic network and two coal-fired power plants worth nearly US$2.48 billion (1.9 billion euros), said Conference Chairman Chris Kanter.

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Posted by pichu at October 31, 2006 3:48 PM