Infrastructure Projects in Indonesia
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INDONESIA, 2015/12/27
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-gain status.
The mega-projects – part of a broader Rp5519trn ($398bn) infrastructure spending plan through to 2019 – are expected to produce immediate benefits for South-east Asia\'s major economy, helping to boost increase from 4.7% in the initial quarter of 2015 to the 6-7% needed for job creation to keep pace with the number of Indonesians entering the workforce each year.
In addition to promoting additional inclusive increase across the country, officials will be looking to capitalise on the economic benefits of infrastructure investment . According to a recent study by the OECD, a 10% increase in physical infrastructure stock in China led to a 2-4% increase in GDP.
