REPUBLIKA.CO.ID, REPUBLIKA.CO.ID, JAKARTA -- Coordinating Minister for Maritime Affairs Luhut Binsar Pandjaitan said China Development Bank (CDB) will open a representative office in Indonesia.

CDB is the financial agency which facilitates Chinese loan to finance development of the Jakarta-Bandung speed train project.

"Yes, we discussed with the Financial Service Authority (OJK) the CDB's plan to open a representative office here," Luhut said after a meeting with OJK chairman Wimboh Santoso here on Friday.

Earlier, Bank Indonesia Governor Agus Martowardojo said the government would welcome and facilitate foreign financial agency planning to open representative office in the country to support infrastructure financing plan.