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Infrastructure projects in Indonesia could feel the impact of slower China growth

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Published Mon, May 9, 2022 · 05:50 AM
    • A slowdown in China's economy could mean less investment in Indonesia's infrastructure sector, but what would hurt the Southeast Asian country more is the export ban of palm oil
    • A slowdown in China's economy could mean less investment in Indonesia's infrastructure sector, but what would hurt the Southeast Asian country more is the export ban of palm oil REUTERS

    Shoeb Kagda

    WHEN he assumed office in 2014, Indonesian president Joko Widodo made infrastructure development a top priority. When he was re-elected for a second term in 2019, he doubled down on his infrastructure promise, committing billions of dollars to building new airports, seaports, toll roads, power stations, fast speed rail lines, industrial parks and tourism sites.

    A large chunk of the funding for these projects, estimated at US$412 billion, was provided by Chinese companies with the flagship Jakarta-Bandung high speed train line being developed by China Railway International.

    IndonesiaChinaInfrastructure

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