October 8, 2014
According to the government of Indonesia, US$490.7 billion (IDR 6,000 trillion) will be needed in the next five years for a series of major infrastructure projects across the country including roads, bridges, power plants, ports and airports. The government hopes that investment projects like these will boost its economic growth rate to 7% per annum versus 5% this year.
This latest announcement follows on from an Indonesian government report last November, which unveiled plans to invest $35 billion in new