Why Indonesia is still a tricky proposition for foreign investors

The Albanese government views the green transition as a chance to both strengthen a crucial bilateral relationship and help turn the dream of our country becoming a renewables superpower into a reality. Hence, the $2 billion promise to help tempt Australian investors into South-east Asia that was announced at the ASEAN Summit. The initiative will provide loans, guarantees, equity and insurance to help bolster what the government describes as the "underweight" and "stagnant" two-way trade and investment with ASEAN member countries. Renewable energy and the infrastructure development are the priority areas. The $2 billion could be "catalytic in Indonesia," says…