Indonesia Plans Massive Infrastructure Investment of $550.3 Billion Over Next Six Years

2016-03-07 666 0人评论

The head of the Public-Private Partnership Engineering Department of Indonesia's National Development Planning Agency recently stated that in order to achieve the goal of becoming a middle-income country by 2020, infrastructure development must be vigorously advanced. Considering the current backward state of Indonesia's infrastructure, the country plans to invest 5,500 trillion rupiah (approximately US$550.3 billion) in infrastructure construction before 2020. The major projects under this massive investment include: highway construction US$107 billion, railway construction US$23.3 billion, urban transport construction US$13.9 billion, maritime transport construction US$47.2 billion, river and ferry transport construction US$7.6 billion, air transport construction US$15.2 billion, power construction US$9.7 billion, gas and other energy construction US$44.9 billion, water resources construction US$91.6 billion, sanitation and clean water construction US$55.9 billion, housing and residential area construction US$32.25 billion, and electronic information technology US$20.3 billion.

评论 (0)

TOP