Mamuju, W Sulawesi (ANTARA News) - The Saudi government has invested around US$8 billion in Indonesia since the two governments established cooperation 50 years ago, a spokesman said.
The Saudi government invested US$2 billion in Indonesia in the early days of the cooperation, spokesman for the Saudi Embassy in Indonesia Ahmad Ali Kattonah said here on Monday.
"The increase in investment was the result of good bilateral cooperation particularly in the economic field," he said.
He expressed hope the Saudi relations with West Sulawesi province which started this year would involve all parties particularly stakeholders in the region.
"The first phase of cooperation we will develop with the West Sulawesi provincial government will cover investment in the religious field according to the local government`s proposal," he said. (*)
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