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View all search resultsTransportation Minister Budi Karya Sumadi confirmed the South Tangerang MRT project had been included in the Greater Jakarta Transportation Master Plan (RITJ). However, he explained that it would require further discussions regarding funding, as he estimated that construction would cost between Rp 800 billion (US$58 million) and Rp 1 trillion per kilometer.
Komodo Airport in Labuan Bajo, East Nusa Tenggara, the main entryway to one of Indonesia’s tourism hotspots, will become an international airport in June, earlier than the government’s initial plan for 2021.
With the reappointment of Sri Mulyani Indrawati as finance minister and more familiar faces joining the economic team of President Joko “Jokowi” Widodo in his second term, observers and business players are calling for progress in unfinished tasks that have hindered business in Indonesia.
Former law and human rights minister Yasonna Laoly and Budi Karya Sumadi, the transportation minister in President Joko “Jokowi” Widodo’s first-term Cabinet, have confirmed their return to their respective ministerial positions after a meeting with Jokowi on Tuesday.
Indonesian state-owned enterprises are seeking to get in on the Jakarta-Surabaya railway project as they may be prioritized based on the local content agreement between the governments of Japan and Indonesia.
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