Indonesia needs to invest US$460 billion in infrastructure until 2024

Vehicles sit in traffic on a highway in Jakarta, Indonesia, on Tuesday, March 16, 2021. Indonesia needs over 6.44 quadrillion rupiah (US$460 billion) for infrastructure construction between now and 2024. - Bloomberg

JAKARTA, March 25 (Bernama): Indonesia needs over 6.44 quadrillion rupiah (US$460 billion) for infrastructure construction between now and 2024, reported Vietnam News Agency (VNA) quoting the country’s Finance Ministry’s Fiscal Policy Agency (BKF) as saying.

Head of the BKF Febrio Kacaribu said some basic infrastructure facilities need to be built, including clean water supplies, household electricity, housing, toll-free roads, medical and education establishments, apart from infrastructure related to energy, toll roads, ports, railway terminals, airports, information technology, and communications.