– Several emerging markets are moving to develop EV production capacity – Thailand and Indonesia have offered a range of incentives to boost the industry –Auto exporters in particular are recognising a need to transition to EVs As demand for environmentally sustainable transport grows, a number of emerging markets are ramping up their efforts to incentivise the sale and production…
It aims to accelerate the growth of the maritime industry that is being worked on by the government. It covers the shipbuilding industry, ship-owner, offshore, port and terminal facilities, maritime transport and logistics, safety and security in ports and shipping, and environment protection. Gaining strong support from the government and several key trade associations, INAMARINE firmly…
Although the first quarter of 2020 was dominated by disruptions stemming from the global Covid-19 pandemic, 2019 proved a strong year for Indonesia’s economy, which maintained a steady growth rate on the back of robust domestic consumption and continuing efforts to reform policy and simplify investment procedures. This was despite the general election and uncertainty surrounding trade relations
For many years, Indonesia’s sizeable infrastructure gap has hindered industrial development. In Java – the country’s most densely populated island – roads, airports and seaports are under pressure due to the large amount of people and goods that need to be moved. At the same time, Indonesia faces challenges connecting other islands across the vast archipelago. Nevertheless, infrastructure…
Interview:William Sabandar To what extent are public transport operators working to minimise Indonesia’s carbon footprint? WILLIAM SABANDAR: Since the beginning of the MRT project, the primary goal has been to reduce the number of private car users. With our new public transport system moving approximately 85,000 people per day in 70,355 trips around Jakarta in 2019, we can already see a…
In early 2019 Indonesia proposed the involvement of Chinese companies in dozens of projects worth an estimated $91bn. Although specific details about many of these developments are still unclear, Luhut Pandjaitan, coordinating minister of maritime affairs and investment, told local media that they would include seaports, industrial estates, power plants and tourism developments. These could…
Interview:Liew Mun Leong What factors make Indonesia’s airport infrastructure market attractive to outside investors? LIEW MUN LEONG: Indonesia currently ranks 10th globally in terms of total air passenger traffic numbers, and is expected to rise to fourth place by 2036, behind China, the US and India. Indonesia is Changi Airport’s largest market, with more than 8.3m passengers travelling…
The Belt and Road Initiative (BRI) is a far-reaching plan for transnational infrastructure development, linking five continents through land and sea corridors, and industrial clusters. Launched in 2013, it was initially planned to revive ancient trade routes between Eurasia and China, but the scope of the BRI has since extended to cover 138 countries, including 38 in sub-Saharan Africa, and…
For many years, Indonesia’s sizeable infrastructure gap has hindered industrial development. On Java – the country’s most densely populated island – roads, airports and seaports are under pressure due to the large amount of people and goods that need to be moved. At the same time, Indonesia faces challenges connecting other islands across the vast archipelago. Due to this, infrastructure…
In recent years the number of air passengers in Indonesia has risen rapidly, from 30m in 2009 to more than 115m in 2018. This was largely driven by two factors: the fast-growing middle class, which comprises an estimated 52m people; and the emergence of low-cost carriers, which have significantly improved regional connectivity. The country’s growing popularity as a holiday destination for…