Indonesia proposes grand plan to rebuild the country

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JAKARTA: Indonesia is drafting ambitious plans for more than US$400bil (RM1.6 trillion) in building projects, from constructing 25 airports to developing new power plants, as the government seeks to stoke growth in South-East Asia’s largest economy, according to the country’s planning minister.

The sweeping proposal calls for a record 5,957 trillion rupiah in investments from 2020 to 2024, Minister Bambang Brodjonegoro said in an interview this week. As much as 40% of the total will be funded directly by the government, 25% through state-owned enterprises and the rest through the private sector, he said.

Such spending would build on President Joko Widodo’s strategy of using infrastructure as a key plank to boost economic growth and spread wealth beyond the main island-powerhouse of Java, where the capital is located.

 

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Indonesia has a grand US$412b plan to rebuild the countryJAKARTA: Indonesia is drafting ambitious plans for more than $400 billion in building projects, from constructing 25 airports to new power plants, as the government seeks to stoke growth in Southeast Asia’s largest economy, according to the country’s planning minister. dats alot of nutss u want fries with that baby
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