Indonesia wants to play a major role in a new Chinese-led Asian infrastructure bank, with at least the vice-president's position reserved for the Southeast Asian country, the finance minister said. The $50 billion Asian Infrastructure Investment Bank (AIIB), expected to start operations by the end of the year, is attracting a growing list of countries from Britain to India to New Zealand. Under President Joko Widodo, Indonesia is expected to be one of the main beneficiaries of the bank as it seeks significant funding to build new roads, ports and bridges in the vast archipelago. "We are fighting to get a position in the AIIB ... because most likely we will be the biggest client," Finance Minister Bambang Brodjonegoro told reporters late on Wednesday.
via Business News http://ift.tt/1CQx0PL
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