Indonesian president Joko Widodo’s new $178 billion budget prioritizes physical infrastructure development in hopes of propelling Indonesia into the G-7, Nikkei reports.
Indonesian president Joko Widodo has formally proposed to move the country's capital to Borneo. However, critics question the feasibility of developing a new capital city while the country simultaneously pursues Widodo's signature $400 billion infrastructure plan, which centers mainly in Java, Nikkei reports.
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Indonesian president Joko Widodo unveiled his draft state budget for 2019 as he prepares for re-election, which presents the slowest infrastructure budget increase since he took office in 2014.
Indonesian president Joko Widodo has formally announced his re-election campaign for next year's election. While the economy has grown over his tenure, his signature infrastructure projects have stalled and allowed the opposition to attack his economic policies, according to the Nikkei Asian Review.
Indonesian President Widodo's flagship infrastructure program seems to put him in favor in his re-election bid. The outcome of upcoming regional elections will gauge if the public is happy with Widodo's infrastructure drive and influence the way he addresses infrastructure leading up to national elections next April.
Indonesia’s President, Joko Widodo, is pushing to turn the country into a fulcrum of maritime trade along China’s Belt and Road initiative with a $50.6 billion plan to build up the maritime sector, including the development of 24 "strategic ports."
An Indonesian state-owned construction picks a new leader to manage President Widodo’s infrastructure surge.
Indonesian President Joko Widodo is working to strengthen ties with Japan in hopes of speeding infrastructure construction projects and showing progress ahead of the 2019 presidential election.
While Indonesian president Widodo has made some strides in infrastructure development, such as high-speed rail lines and regional airports, other major project delays have stunted the country's growth, Nikkei reports.
Indonesia launched rail service linking central Jakarta with Soekarno–Hatta International Airport in a bid to combat highway congestion.
State-owned enterprises are shouldering much of the risk for the $355 billion infrastructure drive in Indonesia.
Japan agrees to lend Indonesia $1bn to develop the Patimban Port.
Indonesian President Joko Widodo is seeking to fund 247 infrastructure projects worth $355 billion b
Indonesia will issue $900 million in government bonds to fund President Joko Widodo's ambitious infrastructure agenda.