Browsing: Indonesia

Indonesia signed 11 business deals with the United Arab Emirates worth a combined 314.9 trillion rupiah ($23 billion) covering investment in energy and other sectors, Indonesian President Joko Widodo said via his Twitter account on Monday.

(Bloomberg) — Indonesia is preparing to spend about US$40 billion to extend Jakarta’s metro network, a bigger-than-expected outlay that’s poised to boost the country’s construction companies and reignite a rivalry between China and Japan over building

JAKARTA– PT Bakrieland Development Tbk (IDX: ELTY), controlled by billionaire Aburizal Bakrie team up with China’ Construction First Group Corp. (CCFG) has plan to build a US$350 million residential and commercial complex in Jakarta. Last year, the

Indonesia President Joko Widodo is planning an unprecedented $70 billion splurge on toll roads to help connect the most strung-out country on the planet. It’s almost the equivalent of laying bitumen from New York to San

Japanese energy company Inpex is expected to agree in principle a deal with the Indonesian government to build an $18.4bn liquid natural gas (LNG) plant in the eastern Indonesian province of Maluku (pictured), the Nikkei Asian

Sydney-based developer Crown Group has unveiled its latest residential project, a $1 billion mixed-use waterfront resort which will feature a marina, beach club and dining precinct. The 9,000sq m development, located at the popular seaside destination

In the Indonesian capital of Jakarta, an exploding population has dramatically lowered standards of sanitation. Overcrowding has created a near-constant state of traffic gridlock and the city’s buildings are slowly sinking into the marshlands upon which

With about 1.4 million people commuting in central Jakarta on work days, the Indonesian capital needs more lines to make an impact on traffic. Commuting in Indonesia’s gridlocked capital will for some involve less frustration, sweat

The Indonesian government has announced plans to build a $10bn international airport outside Jakarta to accommodate a surge in demand as the country’s economy continues to grow at a steady 5%. The project is expected to

Shipping hub near Jakarta aims to speed up gridlock-prone logistics network JAKARTA — Three Japanese and two Indonesian companies are set to win a $1.2 billion contract to build a port in West Java, Indonesia’s Ministry