What are some of the most important infrastructure projects in Surabaya currently?
A city of more than 3m people that serves as a gateway between oceans, continents and cultures, Surabaya is not only Indonesia’s second-largest conurbation, but also increasingly popular among investors. Home to the port of Tanjung Perak and a thriving commercial, industrial and business centre for eastern Indonesia, the city has seen a wave...
The provincial capital of South Sulawesi and a key pillar of Indonesia’s development, Makassar is seeing unprecedented growth in its economy, population, infrastructure and influence. An important centre for the fishing and seafood industries for decades, the city and its surrounding area are now also making a name for themselves in the...
Consistent, robust economic growth, a 260m-strong population and a favourable position as South-east Asia’s largest economy have driven Indonesia to become an increasingly important actor in global trade. The country’s trade with the US and China has recorded double-digit growth in recent years, and it stands as the largest destination for...
In an effort to push Indonesia’s annual GDP growth to a targeted 7%, President Joko Widodo has announced plans to improve the country’s position in the “Doing Business” report published by the World Bank, with the goal of reaching 40th position globally. Following a bold reform programme aimed at liberalising the economy and reducing...
Although Indonesia had announced plans to join the Trans-Pacific Partnership (TPP), a free trade agreement (FTA) encompassing 12 Pacific Rim economies, US withdrawal from the trade pact in late 2016 has pushed the country to refocus its FTA priorities.
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