Nigeria to invest Rp 24t in Indonesian refinery deal From:The Jakarta Post Nigeria plans to invest Rp 24 trillion (US$2.68 billion) in Indonesia to fund the construction of three oil refineries, an official says. The Industry Ministry's director general for manufacturing-based industry, Panggah Susanto, was quoted by kompas.com as saying that both countries had agreed to build the refineries in Indonesia.

The Investment Coordinating Board (BKPM) named seven provinces as the top destinations for investment out of 26 provinces evaluated on Wednesday. The “regional champions” are Aceh, Central Java, West Kalimantan, South Sulawesi, Central Sulawesi, North Sulawesi and West Sumatra. They were deemed the most investor friendly, based on a number of indicators related to the regions' preparedness in welcoming investors.

Ternate, North Maluku (ANTARA News) - North Maluku (Malut) Governor Thaib Armayin said the province was expected to become a nickel industry center in Indonesia as two nickel plants worth Rp84 trillion would be built in Halmahera island. "The two nickel industries will respectively be built by consortium PT Aneka Tambang and PT Weda Bya Nike," the governor said in his address on the occasion of North Maluku province`s 12th anniversary here on Wednesday.