Indonesia expects delay to $11bn nickel projects due to coronavirus outbreak

Indonesia’s coordinating minister overseeing maritime resources and investment affairs said on Tuesday that the coronavirus outbreak in China will likely delay development of nickel projects in the Southeast Asian country worth about $11-billion.

Minister Luhut Pandjaitan told reporters that projects being developed in Morowali and Konawe on Sulawesi island and in Weda Bay in North Maluku will be affected by measures taken in China to rein in the epidemic that have curbed industrial activity.