Indonesia’s US $ 20bn budget for transport and energy

Indonesia’s government is setting a US $ 20 billion budget for transport and energy sector development. The country’s president, Susilo Bambang Yudhoyono, said the government plans to build 559km of new roads as part of a new transport infrastructure program.
September 11, 2012 Read time: 1 min
Indonesia’s government is setting a US $ 20 billion budget for transport and energy sector development.

The country’s president, Susilo Bambang Yudhoyono, said the government plans to build 559km of new roads as part of a new transport infrastructure program. He said this would contribute to the country's economy growth as well as well as close a standard of living gap between people living in cities and those in rural areas.

Related Content

  • EU Commission adopts plan for €50 billion boost to European networks
    May 2, 2012
    The European Commission has tabled a plan which will fund €50 billion (US$68.7 billion) worth of investment to improve Europe's transport, energy and digital networks. It has also announced the Europe 2020 Project Bond Initiative which will be one of a number of risk-sharing instruments upon which the facility may draw in order to attract private finance in projects.
    Read More
  • Brazil launches Projeto Crescer privatisation plan
    September 21, 2016
    Motorways are among the 25 infrastructure projects that Brazil’s new president, Michel Temer, intends to privatise in an attempt to revive the flagging economy. Other projects in the Projeto Crescer - Project Growth – plan include airports, rail lines, sewage systems, energy distributors and gas and oil fields. All the projects should be in majority private hands by 2018, he said during the announcement. “We will increasingly show that the government cannot do everything. We need to have the presen
    Read More
  • European transport funding until 2024
    November 8, 2019
    The European Bank for Reconstruction and Development (EBRD) is setting out its new transport development plan for the coming five years. The EBRD has approved a new Transport Sector Strategy for the 2019-2024 period, intended to refine the previous strategy. The aim is to work in a more focussed way on the emerging green economy and climate targets in a sector that, while slow to change, is a catalyst for economic and inclusive growth. Since the EBRD’s previous strategy came into force, global policymak
    Read More
  • Kenya develops annuity road funding model
    May 8, 2015
    Kenya is introducing novel methods for funding its necessary road infrastructure development - Shem Oirere writes. Kenya has unveiled a new financing model for road construction and reviewed its design standards and construction methodologies, which forms part of a new strategy for the East African country. Under this new plan Kenya is planning to upgrade 10,000km of road, with these links featuring asphalt surfacing; the work being carried out over the next five years at a cost of US$2.8 billion. Despite t
    Read More

Highlighted Content