Entries tagged "Indonesia"

  • US-China Rivalry Boosts SE Asia Infrastructure | May 29, 2019, 9:16 a.m.

    Cambodia and other nations across Southeast Asia are emerging as vital staging grounds for a new form of power struggle between China and its rivals. The growth of Beijing's vast Belt and Road Initiative since 2013 has galvanized the U.S. and its allies -- including Japan, India and Australia -- and prompted them to draw up infrastructure and security programs of their own, writes Gwen Robinson for the Nikkei Asian Review

  • View All Analysis | May 1, 2019, 11:52 a.m.

    Browse our analysis section for news and articles on topics such as China's Belt and Road Initiative (OBOR), the Competing Visions of Japan, India, and other regional powers, and the stakes for U.S. policy.

  • Southeast Asia Rail Cure for Congestion | March 21, 2019, 10:13 a.m.

    Southeast Asian nations are investing in their urban rail infrastructure to ease road congestion impeding their further economic growth. In Hanoi, road congestion costs Vietnam as much as $1.2 billion in 2018, reports Nikkei.

  • Calibrating a U.S. Infrastructure Strategy for the Indo-Pacific | March 5, 2019, 9:51 a.m.

    The U.S.’ new infrastructure strategies must not only respond to China’s Belt and Road Initiative, but also consider the complex landscape of overlapping initiatives already on offer in the Indo-Pacific.

  • China’s Digital Silk Road and Southeast Asia | Feb. 19, 2019, 10:44 a.m.

    Southeast Asia’s increasingly authoritarian leaders are finding China’s cyber model to be attractive, given that the Chinese government has been able to control and access data while at the same time dramatically growing its digital economy.

  • 19 Projects to Watch in 2019 | Dec. 21, 2018, 11:20 a.m.

    Reconnecting Asia tracks infrastructure developments across Eurasia, a vast landmass that includes 60 percent of the global economy. Every day, new infrastructure projects are announced, some are advanced, and others encounter obstacles. Here is a selection of projects and trends we will be watching in 2019.

  • Indonesia Diversifies Into Renewables | Dec. 21, 2018, 9:23 a.m.

    Three major Indonesian coal miners have announced plans to invest in renewable energy projects, as financing for coal power plants becomes increasingly difficult to obtain and renewables are decreasing in cost.

  • South Korean Firms To Build $4B Indonesian Refinery | Dec. 10, 2018, 8:59 a.m.

    Indonesian state-owned oil and gas company Pertamina announced the signing of a $4 billion contract with two South Korean firms for a major upgrade of the Balikpapan refinery in East Kalimantan province, one of six mega refinery projects aimed at increasing Indonesia's fuel production capacity and reducing reliance on imports.

  • Indonesia: Elections Could Spur China Rail Review | Nov. 16, 2018, 9:25 a.m.

    Indonesia's vice presidential candidate Sandiaga Uno said on Tuesday that the government will review the Chinese-led construction of a high-speed rail line connecting Jakarta and the city of Bandung, if the opposition wins Indonesia's presidential election next year.

  • Japanese Firms Expect Infrastructure Losses | Nov. 9, 2018, 9:11 a.m.

  • JBIC Lends To Indonesian Power Plant | Oct. 22, 2018, 8:55 a.m.

    A Japanese-led consortium of international banks will jointly lend $1.31 billion for a thermal power station in West Java, Indonesia fueled by liquefied natural gas.

  • Experts React | Sept. 25, 2018, 9:45 a.m.

    Five years after the announcement of China's Belt and Road, the ambitious drive to build new infrastructure across Eurasia has produced a mixed track record on key issues such as its energy footprint, debt sustainability, and environmental impact.

  • Indonesia Weighs Stability and Infrastructure | Aug. 23, 2018, 9:32 a.m.

    Indonesia’s President Joko Widodo has leveraged infrastructure to promote pro-growth economic policies. However, Widodo may need to make trade-offs between growth and economic stability amid an uncertain economic outlook as the April 2019 elections approach, writes the Nikkei Asian Review.

  • Jokowi 2019 Budget Slows Infrastructure Spending | Aug. 17, 2018, 9:25 a.m.

    Indonesian president Joko Widodo unveiled his draft state budget for 2019 as he prepares for re-election, which presents the slowest infrastructure budget increase since he took office in 2014.

  • Widodo Curbs Infrastructure To Protect Currency | Aug. 13, 2018, 9:01 a.m.

    Indonesian president Joko Widodo is reportedly considering cutting back on his signature infrastructure projects to suppress imports of construction materials in order to protect the value of the rupiah, according to Nikkei Asian Review.

  • Infrastructure May Influence Jokowi Re-Election | Aug. 10, 2018, 8:56 a.m.

    Indonesian president Joko Widodo has formally announced his re-election campaign for next year's election. While the economy has grown over his tenure, his signature infrastructure projects have stalled and allowed the opposition to attack his economic policies, according to the Nikkei Asian Review.

  • BRI Funding Exceeds U.S. Indo-Pacific Push | Aug. 1, 2018, 10:17 a.m.

    The U.S.'s recently announced plan to invest $113 million in infrastructure throughout the Indo-Pacific region will have a limited impact and pales in comparison to China's multi-billion dollar Belt and Road Initiative, according to Dr. James Crabtree of the National University of Singapore.

  • Indonesia's Elections Center on Infrastructure | June 26, 2018, 9:02 a.m.

    Indonesian President Widodo's flagship infrastructure program seems to put him in favor in his re-election bid. The outcome of upcoming regional elections will gauge if the public is happy with Widodo's infrastructure drive and influence the way he addresses infrastructure leading up to national elections next April.

  • Indonesia Eyes Status as Maritime Hub | June 14, 2018, 9:56 a.m.

    Indonesia’s President, Joko Widodo, is pushing to turn the country into a fulcrum of maritime trade along China’s Belt and Road initiative with a $50.6 billion plan to build up the maritime sector, including the development of 24 "strategic ports."

  • Southeast Asia Financial Integration and Infrastructure Investment | May 30, 2018, 9:52 a.m.

    This report highlights recommendations on how the U.S. might effectively engage Southeast Asia's infrastructure challenges to foster greater stability and financial integration in the region.

  • Japan Helps Build Indonesian Port | May 22, 2018, 10 a.m.

    The port of Patimban, estimated to cost $3 billion, is going to be financed by a Japanese loan and may be built by a Japanese-Indonesian team. The port is envisioned to become a transport hub and alleviate problems for Japanese companies operating in the West Java industrial park.

  • South Korea’s Infrastructure Vision | April 24, 2018, 10:34 a.m.

    In the face of uncertainty about how the U.S. and China will respond to regional challenges, South Korea will likely continue to opt for flexible partnerships, such as with Russia, where specific interests overlap or converge.

  • Indonesian SOE Replaces President to Manage Country’s Infrastructure Surge | April 6, 2018, 4:35 p.m.

    An Indonesian state-owned construction picks a new leader to manage President Widodo’s infrastructure surge.

  • Is China's Belt and Road Working? | March 28, 2018, 9:29 a.m.

    A special report by Nikkei Asian Review and The Banker which leverages data from the CSIS Reconnecting Asia Project has found that China's Belt and Road initiative holds considerable promise for countries in need of infrastructure investment along its route, however, participation has been hampered by challenges ranging from a lack of participation by local workers and banks to unmanageable debt hangovers.

  • Indonesia Hopes to Create Economic Hub with New Airport | March 23, 2018, 10:24 a.m.

    The Indonesian government hopes that the Kertajati International Airport currently under construction in West Java will lure businesses away from the capital and turn the region into an economic hub.

  • Indonesian Contractor Debt Raises Alarm on Infrastructure Push | March 16, 2018, 10:37 a.m.

    Debt levels of four major state-owned construction companies in Indonesia jumped by 57 percent in 2017 from a year earlier, raising alarm about excessive borrowing to fund the government's infrastructure push.

  • Widodo Woos Japan on Infrastructure | Feb. 14, 2018, 8:53 a.m.

    Indonesian President Joko Widodo is working to strengthen ties with Japan in hopes of speeding infrastructure construction projects and showing progress ahead of the 2019 presidential election.

  • Indonesian Growth Stunted by Infrastructure Delays | Feb. 6, 2018, 9:25 a.m.

    While Indonesian president Widodo has made some strides in infrastructure development, such as high-speed rail lines and regional airports, other major project delays have stunted the country's growth, Nikkei reports.

  • BRI Pushes China to Indonesia’s No. 2 Investor | Feb. 1, 2018, 9:31 a.m.

    An uptick in lending for Belt and Road infrastructure projects in Indonesia led China to overtake Japan as the country’s second largest foreign investor in 2017.

  • India Courts ASEAN to Counter BRI | Jan. 25, 2018, 10:10 a.m.

    Indian Prime Minister Narendra Modi welcomes all ten ASEAN leaders to New Dehli in an attempt to strengthen trade and connectivity with the bloc.

  • Infrastructure Drives Growth in Indonesia and Philippines | Jan. 9, 2018, 8:53 a.m.

    Domestic demand and the rollout of infrastructure projects in 2018 will continue to drive growth in the Philippines and Indonesia.

  • Indonesia Launches Rail Service to Jakarta Airport | Jan. 2, 2018, 9:03 a.m.

    Indonesia launched rail service linking central Jakarta with Soekarno–Hatta International Airport in a bid to combat highway congestion.

  • Infrastructure Helps Drive Indonesian Growth | Dec. 15, 2017, 9:28 a.m.

    Infrastructure investment remains a primary driver of Indonesia's economic growth, leaving the economy more interconnected than ever before.

  • Jakarta Keeps $2.1B Rail Project Afloat | Dec. 12, 2017, 9:35 a.m.

    A railway system under construction in Greater Jakarta avoided delays last after Indonesia's top ministers proposed a new funding scheme for the $2.14 billion project.

  • India, ASEAN to Propel Asia's Economy | Dec. 7, 2017, 9:34 a.m.

    New projections show India's economy becoming third largest in the world, with other major ASEAN nations surging forward to propel Asian economic growth.

  • Indonesia Leans on SOEs for $355B Infrastructure Drive | Nov. 21, 2017, 9:20 a.m.

    State-owned enterprises are shouldering much of the risk for the $355 billion infrastructure drive in Indonesia.

  • OECD: SE Asia Needs Taxes for Infrastructure | Nov. 15, 2017, 9:54 a.m.

    Southeast Asian governments need to collect more taxes to sustain the region's infrastructure expansion, reports the OECD.

  • Japan Lends $1B for Indonesian Port | Nov. 13, 2017, 9:13 a.m.

    Japan agrees to lend Indonesia $1bn to develop the Patimban Port.

  • Widodo Plans $355B in Infrastructure | Nov. 3, 2017, 11:08 a.m.

    Indonesian President Joko Widodo is seeking to fund 247 infrastructure projects worth $355 billion b

  • Indonesia and the Philippines Seek Port Development | Sept. 1, 2017, 9:15 a.m.

    Photo credit: GovernmentZA, Flickr/CC BY-ND 2.0

  • Jakarta High-Speed Rail Faces More Delays | Aug. 8, 2017, 8:39 a.m.

    Long delays in procuring the necessary land to build Indonesia's Chinese-funded Jakarta-Bandung high-speed rail have created doubts about the project's future.

  • Indonesia May Drop Japan for Rail Bids | July 18, 2017, 8:38 a.m.

    Indonesia may forego its plans to have Japan construct a 750km rail link between Jakarta and Surabaya in favor of inviting other countries to bid on the project in an attempt to lower costs.

  • Indonesia to Spend $34.2B on Infrastructure in 2018 | June 9, 2017, 8:39 a.m.

    Indonesia is considering a 17 percent jump in infrastructure spending in 2018 which could dedicate as much as $34.2 billion for new projects.

  • Indonesia Issues $900M in Bonds for Infrastructure | May 31, 2017, 8:42 a.m.

    Indonesia will issue $900 million in government bonds to fund President Joko Widodo's ambitious infrastructure agenda.