Courtesy of The Jakarta Post The city administration is offering private entities the chance to get involved in the second phase of the mass rapid transit (MRT) project. The second MRT line will connect the Hotel Indonesia traffic circle in Central Jakarta to Kampung Bandan in North Jakarta. President director of city-owned PT MRT Jakarta,…
DetailsCurtesy of The Jakarta Post The government is considering raising the foreign ownership limit in the construction sector to 70 percent to draw more foreign capital to help accelerate the development of infrastructure projects in the country, a senior official at the Public Works Ministry has said. Deputy Minister Hermanto Dardak said in Jakarta on…
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Courtesy of IndonesiaInvestments.com 7 Infrastructure Projects to Begin Before New Administration Takes Over Jakarta. At least seven infrastructure projects are expected to start construction before the current administration leaves its post a mere three months from now, according to Chairul Tanjung, the Coordinating Minister for the Economy. A majority of these projects are located outside…
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