Financial Times FT.com

Indonesia prepares reforms to woo foreign investors

By Shawn Donnan in Jakarta

Published: October 20 2005 03:26 | Last updated: October 20 2005 03:26

Indonesia's government is working on a deregulation package intended to boost foreign direct investment in south-east Asia's largest economy, officials said yesterday.

The package is designed to address concerns that President Susilo Bambang Yudhoyono who celebrates his first anniversary in office today has failed to deliver improvements promised for Indonesia's ailing investment climate.

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