The year 2011 marks the implementation of the 2008 shipping law, a far-reaching reform of maritime transport that provides space for private sector participation in infrastructure development. Yet the rules also include a degree of protection in that they require domestically flagged vessels to ship goods across the archipelago. “There is a clear...
Both manufacturing and retail is growing in Indonesia, due to a burgeoning domestic market and increasing cost competitiveness. But to make the sector competitive with rivals from ASEAN and other Asian countries, the government needs to improve the investment regime. “The country’s overall atmosphere for investment is positive, garnering the...
Not all of Indonesia’s leading developers are publicly traded, but at present there are 21 stocks listed in the property, real estate and construction sector on the main trading board at the Indonesia Stock Exchange. This, alongside several other factors, means the outlook for 2011 is good. The group’s performance has been slightly less robust than...
National leaders have zeroed in on public-private partnership (PPP) deals as their vehicle of choice for building the infrastructure needed to power economic growth. The PPP structure is fairly new, and is often relied on by governments that do not want to incur large debts by borrowing the complete cost of a project.
The government is pressing ahead with its liberalisation drive to upgrade physical infrastructure and reduce the cost of doing business for the nation’s dynamic private sector. The Regional Long-Term Development Plan, (Rencana Pembangunan Jangka Menengah, RPJM), running from 2005 to 2024 in a succession of five-year strategies, provides the umbrella...
Traffic in the Greater Jakarta region is increasingly slowing down, as the number of vehicles on the roads rise. In 2010 there were 11.3m vehicles in the metropolitan priority area of Jabodetabek (Greater Jakarta), with 1.5m of these in Jakarta alone, according to the Ministry of Transport. The majority of these are two- or three-wheelers weaving...
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