How do you see the newly formed Infrastructure Asia dovetailing with transnational initiatives like the Belt and Road?
Indonesia Construction
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A move to step up the pace of spending on infrastructure in Indonesia is beginning to yield results, in line with the government’s broader growth targets.
Planned overhauls to Indonesia’s infrastructure are moving ahead, as a raft of new power and transport projects lead the national drive to achieve middle-income status.
A flurry of major infrastructure projects in Indonesia is set to boost the construction sector, although growth in the domestic building materials industry remains hamstrung by regional competition and government intervention in some cases.
Economic update | Indonesia: Building momentum
29 Sep 2011
Indonesia’s construction sector is in the midst of a sustained boom, with both private and public spending on the rise, but there are concerns in the industry that the slow pace of launching new projects could hinder this growth.