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Maersk dangles millions in front of Indonesia

Maersk is willing to invest up to USD 3 billion in Indonesia, on the condition that the country changes its shipping laws, a number of Asian news sites report.

Photo: Maersk Line

Maersk is ready to invest up to three billion dollars in Indonesia. But the investments will only be made if the country abolishes its cabotage law put in place to protect its own carriers.

According to news site Splash247, Maersk has told Indonesia’s State-Owned Enterprise Minister, Rini Soemarno, that the group is willing to invest the USD 3 billion over the next five years.

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