TheJakartaPost
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The conflict may also hurt an economy that had been soaring, albeit from a low base, becoming the world's fastest growing in 2017, driven by agricultural exports and heavy infrastructure spending it hoped would drive a manufacturing boom
The Office of the Coordinating Maritime Affairs and Investment Minister has vowed to continue port and coastal infrastructure development projects, including the National Capital Integrated Coastal Development (NCICD) and the Patimban seaport.
The Finance Ministry’s State Asset Management Agency (LMAN) has reimbursed Rp 53.3 trillion (US$3.76 billion) owed to state-owned companies for land acquisition in 77 strategic national projects, including toll roads and irrigation systems, as of June 24.
It is looking more and more likely the COVID-19 outbreak will derail President Joko “Jokowi” Widodo’s ambitions to move the capital from densely-populated Jakarta, with most of the preparatory work delayed as the government’s shifts its focus to tackling the pandemic.
