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South Korea expands its investment destinations

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18-Oct-18 South Korean capital is leaking out of China, flooding into the US and pouring into South and Southeast Asia. Investments include the world’s largest mobile phone factory, a USD716 mn spend by Samsung Electronics in India. [image: Export-Import Bank of Korea]

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Alibaba’s Jack Ma tech institute in Indonesia

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15-Oct-18 Jack Ma of Alibaba plans to open an institute to train tech entrepreneurs in Indonesia. The aim is to train 10,000 over the next 10 years. The institute will also train hundreds of developers and engineers on cloud computing. [image: Shutterstock]

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Rail to form backbone of South African transport by 2050

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11-Oct-18 South Africa's proposed National Rail Policy will focus on increasing investment in rail, ZAR170 bn (USD11.9 bn) over the next ten years, to position rail as South Africa’s transport backbone by 2050 and support the commitment to greenhouse-gas reduction. [image: Railway Pro]

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Saudi looks to petrochemicals for next big projects

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10-Oct-18 Saudi Arabia, the world’s biggest oil exporter, is seeking to transform its economy away from reliance on crude. State-run Saudi Aramco is working on more than USD100 bn of refining and chemical projects. [image: Andrey Rudakov / Bloomberg]

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