Interest in investment in Indonesian infrastructure

Strong interest in investment in Indonesian infrastructure is being reported. Work is starting on a series of major infrastructure projects. The groundbreaking for the trans-Sumatra toll road has been carried out. The toll road will link Aceh to Lampung and is one of a series of major projects commencing in the country. The Indonesian Government has increased its allocation for capital expenditure from US$12.03 billion to $22.36 billion for 2015. Infrastructure development in 2015 is expected to fuel the co
May 5, 2015 Read time: 1 min
Strong interest in investment in Indonesian infrastructure is being reported. Work is starting on a series of major infrastructure projects. The groundbreaking for the trans-Sumatra toll road has been carried out. The toll road will link Aceh to Lampung and is one of a series of major projects commencing in the country. The Indonesian Government has increased its allocation for capital expenditure from US$12.03 billion to $22.36 billion for 2015. Infrastructure development in 2015 is expected to fuel the country's economic growth to 7%, up from 5% in 2014. Infrastructure projects expected to start construction in June 2015 include a seaport in Makassar, a toll road project in South Sumatra and the toll road in Lampung.
Road Structures Finance & Funding

Related Content

  • Indonesian road firm PT Hutama Karya bullish
    February 14, 2020
    The state-owned Indonesian road firm, PT Hutama Karya, is bullish with strong results.
    Read More
  • Indonesia’s Trans-Sumatra highway inches ahead
    March 11, 2015
    Indonesia will form a consortium of state enterprises to build all the 2,700km of the Trans-Sumatra toll highway, from Lampung to Aceh on the island of Sumatra. The finance department is also setting up special infrastructure banks to provide flexible loans for the state departments to fund the project, Indonesian media reported. Indonesia recently changed the law that had the state infrastructure company PT Hutama Karya as the only organisation allowed to build major projects. Other state enterprises can n
    Read More
  • Multi-million dollar investment in Indonesian road toll projects
    July 12, 2012
    Millions of US dollars are being poured into new and expanding toll road projects in Indonesia. Wijaya Karya (Wika), the Indonesian government-owned construction service provider, will build toll roads linking Kedung Badak to Kedung Halang and Pandaan to Gempol in Bogor through two contracts worth US$36.35million (IDR 340.80bn) and US$23.98million (IDR 225bn), respectively. Awarded by highways operator Jasa Marga (JSMR), the contracts require the roads completion in 18 months.
    Read More
  • Indonesia plans $490 billion infrastructure spend over the next five years
    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
    Read More

Highlighted Content