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Region

: Maluku
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Theme

: Foreign investment

Publication

  • Newsletter articles (8)
Home › Regions › Region: Maluku ›

Foreign investment

Mining giants benefit from crisis

Down to Earth No. 39, November 1998

New mining investment has been in the doldrums since last year's Busang fraud and the slump in world metals prices. Japanese investors are pulling in their horns; many Indonesian companies face bankruptcy. In its desperation to attract and keep foreign investment in Indonesia, Habibie's government is giving international mining giants like Newmont and Rio Tinto an easy ride.

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