The government has reiterated its commitment to attracting more foreign investment, affirming its guarantees for major infrastructure projects and longer-term land and property use titles for foreign investors.

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Almost five years ago, energy ministers from countries grouped in the Association of Southeast Asian Nations (ASEAN) reached an agreement to build a regional gas pipeline project, called Trans ASEAN Gas Pipeline (TAGP), to alleviate future energy shortages and bolster regional development.

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The country's second largest phone company, PT Indosat, has set aside a minimum of US$1 billion in capital expenditure this year to bounce back from slower growth last year.

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