Indonesia is setting a massive infrastructure budget in place. Some US$29.52 billion will be invested in infrastructure under the 2017 budget. The country is planning to construct around 550km of new bridges and 9,400km of new roads.
November 1, 2016
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Indonesia is setting a massive infrastructure budget in place. Some US$29.52 billion will be invested in infrastructure under the 2017 budget. The country is planning to construct around 550km of new bridges and 9,400km of new roads.
Indonesia’s Government is setting a US$20 billion budget for transport and energy sector development. The Indonesian Government plans to build 559km of new roads as part of a new transport infrastructure programme.
Indonesia’s capital Jakarta faces a growing problem due to severe traffic congestion, which is particularly intense at peak periods. Increasing vehicle numbers in the city mean that the existing traffic problem is fast getting worse. The authorities are looking at policies to address the issue.
Several major infrastructure projects are being prioritised in Indonesia by the country's government. In all 10 infrastructure projects are seen as so crucial for the country’s development that they will be pushed forward, so that work can commence during 2015. Because of the importance of the projects, companies may be appointed directly, instead of a formal tender being issued. The Indonesian Government is setting up a framework to provide legal protection for those ministries trying to speed up infrastru
Steady financial performance is claimed for the German equipment producers in 2012, according to the manufacturing association VDMA. The German construction equipment and building material machinery industry generated €12.5 billion in turnover during 2012 according to the latest results. Of this, construction equipment accounted for €7.9 billion, while €4.6 billion of business came from the building material, glass and ceramics machinery sector. This is a nominal decrease of around 1% compared to 2011. Afte
