Inadequate infrastructure has long been a challenge for Indonesia, the world’s largest archipelagic state. With more than 17,000 islands and a population of around 265m, it is probably the most complicated country in the world in terms of logistics. Since President Joko Widodo was inaugurated, transport and infrastructure investment has become...
If infrastructure development has not matched the rate of economic growth in Java, outside of the most populous island the challenges are even starker. As a result, the administration of President Joko Widodo has increasingly focused on building major roads outside of Java – namely the Trans-Kalimantan, TransPapua and Trans-Sumatra toll road...
This year 2018 marked the first anniversary of ASEAN’s inaugural bond issue under the organisation’s common Green Bond Standards (GBS) – a RM2bn ($480m) issue by the Malaysian government-controlled asset manager, Permodalan Nasional. Since then, the green bond market in Asia Pacific has won many accolades, with 2018 seeing the region record...
In early October 2018 officials unveiled 79 infrastructure projects worth $42bn as part of the Indonesia Infrastructure Investment Forum. The projects, which will be undertaken in partnership with state-owned enterprises (SOEs), cover a number of sectors, including transport, energy and industry. In addition to unveiling the new developments,...
The airline market in Indonesia is one of the fastest-growing globally and a leading driver of transport industry growth. Although this expansion has created capacity constraints at its primary air hub, Soekarno-Hatta International Airport in Jakarta, the recent completion of a third terminal has significantly boosted capacity, better enabling...
Road, port, airport and rail upgrades are a critical priority for the government of President Joko Widodo, with his administration having overseen an infrastructure and transport spending surge since taking office in 2014. The main aims of this increased resource allotment is to lower transportation costs across the board – which are among the...
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