Nation building: Vehicles are stuck in traffic as they pass construction for Jakarta’s new underground facilities. Jokowi’s government needs foreign investment to nation-building programme. — AFP
JAKARTA: Indonesian President Joko Widodo is still chasing some US$150bil to fund his ambitious nation-building agenda, almost halfway into a five-year infrastructure plan.
The government has so far received pledges for just over half the funds needed to help develop the road, airport and railway projects planned in a US$327bil pipeline, latest government figures show. Just US$15bil has come from the state budget, with the bulk committed by private investors, including from China.
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