South Korea's KIND has signed a strategic partnership with Indonesia's new $900 billion sovereign wealth fund, Danantara. The agreement covers comprehensive cooperation in transportation, renewable energy and urban development. Beyond domestic projects like Jakarta data centres, the two nations plan to pursue joint infrastructure opportunities in ASEAN markets and Saudi Arabia, leveraging Korean technological expertise and Indonesian capital.
Radisson Hotel Group has signed Atiara Ubud Bali, A Radisson Collection Resort, marking the entry of its luxury lifestyle brand into Indonesia, with the property set to open in 2027.
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