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SAUDI PRINCE MULLS INDONESIAN HOTEL INVESTMENT.
JAKARTA, April 2 Asia Pulse - Visiting Saudi Prince Alwaleed bin Talal bin Abdul Azis Al Saud who is chairman of his country's holding company on Friday expressed interest in investing in Indonesia's hotel business.
Speaking to the press after meeting with President Susilo Bambang Yudhoyono at the latter's office in Jakarta, the prince said his company would like to invest in the hotel business first before entering other investment sectors.
"Hopefully, we can do something concrete within the next few months after things have been agreed on," Alwaleed said without elaborating on the amount his company would initially invest in Indonesia.
Alaweed said it was too early to reveal the extent of the investment because the relevant negotiations were still ...
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Source: HighBeam Research, SAUDI PRINCE MULLS INDONESIAN HOTEL INVESTMENT.