November, 2019 President Joko “Jokowi” Widodo has revealed that he has dreams for the new capital bigger than those of Dubai in the United Arab Emirates (UAE), he wants the soon-to-be developed city in East Kalimantan to be “the best on earth”. While Dubai has sets its sights on becoming the world’s happiest city through...Continue Reading

October, 2019 Where will the investment go and how will international infrastructure players participate? President Joko Widodo understands the link between infrastructure investment and economic growth. When first elected four years ago, he announced a US$350 billion infrastructure plan that promised to remove existing bottlenecks and improve access to infrastructure outside of the main island...Continue Reading

July, 2019 Indonesia’s recently re-elected President Joko Widodo on Sunday outlined his vision for a second term, pledging faster infrastructure development and more investment opportunities to create jobs and growth in Southeast Asia’s biggest economy. Hampered by soft commodity prices, Indonesia has struggled to lift growth above 5% in recent years even amid a boom...Continue Reading

The Indonesian Iron & Steel Industry Association (IISIA) says Indonesia is in big need of investment in the steel industry in order to expand the nation’s steel production capacity. In the years ahead, steel demand is expected to rise strongly in Indonesia on the back of construction and infrastructure projects. Without investment, Indonesia will become...Continue Reading

President Joko “Jokowi” Widodo is scheduled to kick off construction of a toll road connecting Padang, the provincial capital of West Sumatra, and Pekanbaru, the capital of Riau, on Thurday, Public Works and Housing Minister Basuki Hadimuljono has said. “Today, we have visited the [planned] location of the groundbreaking ceremony in Nagari Kasang [in Pariaman...Continue Reading

New PT Siemens Indonesia CEO Prakash Chandran expressed an interest in investing in waste-to-energy plant projects that would be constructed in a number of cities, Industry Ministry machinery and agriculture machinery director Zakiyudin said. “Trash management is a big issue in  big cities. One solution is to convert trash into energy for electricity. Siemens has...Continue Reading

The construction sector, especially the provision of physical infrastructure is one of the important sectors in the economic development system. Infrastructure becomes one of the pillars supporting the national economic growth. Based on data from the Central Bureau of Statistics (BPS) in 2016, the construction sectors is in the third position of source of economic...Continue Reading

Following the state visit by South Korean President Moon Jae-in to Indonesia last week, the East Asian country has laid out concrete plans to get involved in Indonesia’s infrastructure projects through both government loans and private sector financing.In a meeting between Public Works and Public Housing Minister Basuki Hadimuljono and South Korea’s Minister of Land,...Continue Reading

Japan will soon disburse a 118.9 billion yen (US$ 1.05 billion) loan in a move that will allow Imdomesia to kick off construction of Patimban Port in Subang, West Java, early next year. Both parties signed a loan agreement for the project on Wednesday after inking another agreement that specified the approved terms, technically known...Continue Reading