Tag: Infrastructure
Below is a list with tagged columns and company profiles.
Today's Headlines Infrastructure
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An Update on the Construction of Indonesia’s New Capital City – Nusantara – in East Kalimantan
It has been a while since we last covered Indonesia’s new capital city in our monthly reports (the last time was in December 2021 to be exactly). And therefore, it might be a good idea to see what has happened over the past nine months or so in relation to the development of this giant construction project.
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National Strategic Projects in Indonesia; Revision Through New Regulation
On 22 July 2022 a new regulation came into effect, titled Coordinating Minister for Economic Affairs Regulation No. 9 of Year 2022 on the Amendment of Coordinating Minister for Economic Affairs Regulation No. 7 of Year 2021 on the Amendment of the List of National Strategic Projects (henceforth: Regulation 9/2022).
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New Indonesia Investments' Report Released - October 2021
On Monday (08.11.2021) Indonesia Investments released its October 2021 report. This report discusses a range of subjects - related to political developments, the economy and social matters - that were influential in Indonesia in the month of October 2021.
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Need for More Capital Injections into Indonesia's ‘Bleeding’ State-Owned Enterprises
On 8 June 2021 Indonesian Minister of State-Owned Enterprises Erick Thohir told Commission VI of the House of Representatives (DPR) that he proposes to raise the budget for capital injections into state-owned enterprises (SOEs) in 2022. The main reason is that the SOE Ministry wants to inject (additional) capital into 12 SOEs.
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Ports in Indonesia; Patimban Seaport Soon Ready to Become Indonesia’s Automotive Export Hub
In November 2020 the Patimban seaport is expected to open in Subang (West Java). Although it is only the soft launch of the project’s first phase, it is no small matter as this port is set to be developed into Indonesia’s biggest port by 2027.
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Indonesia Investments' Monthly Report Released: September 2020 Edition - Infrastructure in Focus
On Monday (05/10/2020) Indonesia Investments released the September 2020 edition of its monthly report. In this edition, titled 'Infrastructure in Focus', we focus on infrastructure development in Indonesia. For example we discuss how the lack of infrastructure development undermines economic and social development.
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President Joko Widodo’s Vision for Indonesia in the 2019-2024 Period
On Sunday 14 July 2019 Indonesian President Joko Widodo unveiled his vision for Indonesia in the 2019-2024 period, which will be his second – and final - term as president of Southeast Asia’s largest economy (with the inauguration of his new cabinet scheduled for late-October 2019).
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Indonesian Economy: Solid Gross Domestic Product (GDP) Growth in 2018
In line with our forecast, Indonesia’s economic growth continued to accelerate in 2018. Based on data from Statistics Indonesia (Badan Pusat Statistik, or BPS), which were released in early February 2019, the country’s gross domestic product (GDP) expanded 5.17 percent year-on-year (y/y) in full-year 2018, up from a growth rate of 5.07 percent in the preceding year.
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Three Strategic National Projects of Indonesia to Be Completed in 2019
The construction of three national strategic projects - worth a combined IDR 70 trillion (approx. USD $5 billion) - is targeted to be completed before the end of 2019. These three projects are: (1) the first phase of Jakarta's mass rapid transit (IDR 16 trillion), (2) the New Yogyakarta International airport (IDR 10.8 trillion), and (3) the Patimban seaport in Subang, West Java (IDR 43.2 trillion).
Latest Columns Infrastructure
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Steel Industry in Indonesia: Challenges and Opportunities
Domestic steel sales in Indonesia are expected to rise 6 percent y/y to 15.1 million tons in 2014. Meanwhile, the global average steel price has been USD $536 per ton this year, implying that the market value of Indonesian steel sales is to reach USD $8 billion this year. In recent years, the country’s steel sales have been rising on development of infrastructure, defense industry, and manufacturing. The sales are expected to continue rising in the years ahead due to commitment of the government to boost infrastructure development.
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Finance Minister Chatib Basri on Indonesia’s Economic Fundamentals
Indonesian Finance Minister Chatib Basri said that the lower pace of economic growth in China, the world’s second-largest economy, is a major concern for Indonesia as it leads to declining demand for commodities (and thus places downward pressure on commodity prices). As Indonesia is a major commodity exporter - such as coal, crude palm oil, nickel ore and tin - the country feels the impact of weak global demand for commodities. About 60 percent of Indonesia’s exports are commodities, mostly raw ones.
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Indonesian August Cement Sales Rise on Property & Infrastructure Projects
Indonesian cement sales jumped 37.4 percent (year-on-year) to 4.7 million tons in August 2014 due to higher cement demand from Indonesian property and infrastructure developers. Widodo Santoso, Chairman of the Indonesian Cement Association (ASI), said that the development of smelters, power plants, apartments, hotels, and social housing has been key to improved cement sales last month. However, the 37.4 percentage point growth was also caused by fewer working days in August 2013 as the Lebaran holiday fell in that month.
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Infrastructure Indonesia: Tender Soekarno-Hatta Airport Railway Delayed
The prequalification tender for the construction of the Soekarno-Hatta International Airport Railway project has been postponed until late October 2014 (from August) as agreements with several stakeholders still need to be finalized. For example, the government is yet to underwrite part of the required investment. Indonesia’s Ministry of Transportation proposes to underwrite IDR 13.5 trillion (USD $2.3 billion) - approximately 49 percent of total required investment for this railway project.
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Indonesian Property Stocks Gain Most in First 8 Months of 2014
Property stocks listed on the Indonesia Stock Exchange (IDX) have outperformed all other stocks between the first trading day of 2014 up to 29 August 2014. The IDX’ property sector category rose 37.6 percent in the indicated period, whereas the benchmark stock index (Jakarta Composite Index, abbreviated IHSG) - which involves all stocks traded on the IDX - climbed 18.7 percent over the same period. On the IDX, stocks are placed in ten sectoral categories. The second-best performing sectoral index was finance (+24.5 percent).
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Infrastructure in Indonesia: President Yudhoyono Targets Start of 13 Projects
Before the second and final term of Indonesian President Susilo Bambang Yudhoyono has finished on 20 October 2014, the groundbreaking of a total of 13 infrastructure projects should have been conducted. These 13 projects are diverse ranging from toll roads to steam power plants and the extension of the Soekarno-Hatta International Airport located nearby Jakarta. One of these 13 projects - the IDR 9.65 trillion Trans Sulawesi Railway project - has already had its groundbreaking in mid-August 2014.
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Joko Widodo’s Political & Economic Agenda: Future of Jokowi’s Indonesia?
When campaigning, presidential candidates will always promise a bright future in order to gain votes. It is particularly easy for a new presidential candidate to promise golden mountains as opposed to the incumbent president who needs to be more cautious making promises as people can point to the (failed) results of his promises during the presidential term. The 2014 Indonesian presidential election was particularly interesting as we saw two new presidential candidates and, thus, the ‘inflation of promises’.
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Indonesian Government Tenders Soekarno-Hatta Airport Train Project
The Indonesian Transportation Ministry will tender the Soekarno-Hatta International Airport train project in August 2014. The project, which will connect one of the world’s busiest airports to the capital city of Jakarta, is offered in the shape of a public-private partnership (PPP) with the Indonesian government. The total of investment required to develop the railway, which will be built partly underground, is estimated at IDR 26 trillion (USD $2.2 billion). The project aims to improve connectivity to the airport.
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World Bank Report: How Can Indonesia Avoid the Middle Income Trap?
On Monday (23/06), the World Bank released its latest analysis regarding the Indonesian economy. In its report, titled ‘Indonesia: Avoiding the Trap’, the World Bank states that Indonesia needs to implement a six reforms in priority areas in order to avoid the so-called middle income trap (referring to the situation where a country gets stuck at a certain income level). Without these critical reforms, the country’s economic growth will slow and may not be able to escape the middle income trap.
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Presidential Election Indonesia 2014: 2nd Television Debate Jokowi-Prabowo
Sunday evening (15/06), the second debate between Indonesia’s two presidential candidates - Prabowo Subianto and Joko ‘Jokowi’ Widodo - was held. This debate was broadcast live on various Indonesian television stations and - once again - managed to become a trending topic on social media. The debate, the theme of which was ‘development of the economy and social welfare‘, was characterized by a nationalistic and protectionist tone. This tone had already been set by Subianto in the past weeks but now Jokowi also stressed protectionism.
Associated businesses Infrastructure
- Adhi Karya
- AKR Corporindo
- Astra International
- Bakrie & Brothers
- Bosowa Corporation (Private)
- Holcim Indonesia
- Indocement Tunggal Prakarsa
- Jasa Marga
- Lippo Cikarang
- Nusantara Infrastructure
Other Tags
- Rupiah (1120)
- Indonesia Stock Exchange (759)
- Inflation (713)
- GDP (674)
- Bank Indonesia (616)
- Federal Reserve (554)
- Jakarta Composite Index (505)
- China (453)
- IHSG (412)
- BI Rate (404)
Today's Headlines
- Indonesia Investments Released Its March 2024 Report
- Renewable Energy in Indonesia: Overview, Challenges and Potential of Geothermal Energy
- Consumer Price Index of Indonesia: Finally Some Inflationary Pressures in February 2024
- Economic Update Indonesia; Taking a Look at Various Recently Released Macroeconomic Data
- Indonesia Investments Releases Its February 2024 Report