Jakarta, July 3 -- Indonesia and Saudi Arabia agreed to invest 27 billion US dollars, or around 437 trillion rupiah, in various fields, including clean energy, petrochemicals, and aviation fuel services.

The investment was formalized during a bilateral meeting between Indonesian President Prabowo Subianto and Crown Prince and Prime Minister of the Kingdom of Saudi Arabia Prince Mohammed bin Salman bin Abdulaziz Al Saud, better known as MBS, at Al-Salam Palace, Jeddah, Saudi Arabia, on Wednesday.

"Both parties welcome the signing of a number of agreements and memoranda of understanding during this visit between private sector institutions, worth around 27 billion US dollars, in several fields, including clean energy, petrochemical indust...