The agreement was signed by Hussain al-Abdullah, Board Member Executive of the Qatar Investment Authority, and a representative of the Indonesian Finance Ministry, at a ceremony in Jakarta on 6 December, which was also attended by Muhammad Jusuf Kalla, Vice President of the Government of Indonesia.

Al-Abdullah said: “We are delighted to have concluded this agreement today. Our partnership with the Government of Indonesia allows us together to invest for the long term in Indonesia’s attractive economy. This joint venture represents a natural extension of our strategy to increasingly focus investments in Asia, and as such is an important milestone.”