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Opinion 6 months ago
PREMIUM
Analysis: Mounting losses put construction SOE consolidation to the test
Indonesia’s largest state-owned construction firms – Wijaya Karya (Wika), Pembangunan Perumahan (PP), Adhi Karya (Adhi) and Waskita Karya (Waskita) – have sunk deeper into financial distress, posting a combined loss of around Rp 28 trillion (US$1.7 billion) in 2025. Far from incidental, these losses reflect years of aggressive and often unprofitable investments tied to the infrastructure push under former president Joko “Jokowi” Widodo, turning what was once a growth engine into a mounting financial burden.
Academia 10 months ago
PREMIUM
Clean air for Jakarta: From a local crisis to a G20 global priority
The G20's decision to include air quality on its agenda presents an opportunity for Jakarta to ramp up evidence-based efforts to take a lead in ensuring clean air for its residents as part of its aim to become a global city by 2045.
Academia 11 months ago
PREMIUM
Whoosh and the missing ingredients of development-led infrastructure
There is a policy vacuum in the land use and zoning of the Jakarta-Bandung high-speed railway project, as most developments along the route focus on real estate rather than multimodal access or job creation.
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