Indonesia launches massive port expansion

The country is seeking $7 billion from foreign investors to upgrade its ports network, potentially a lucrative opportunity.

Indonesia, the world’s largest archipelago with more than 15,000 islands, is in the midst of a sea change.

Southeast Asia’s largest economy has an unprecedented plan to upgrade its ports network, which is buckling under the weight of increased traffic, bureaucracy and infrastructure issues.

The scheme, which involves modernising existing ports and building a raft of new ones, is being led by the government but the private sector and foreign investors are being courted too.

“The expansion of Indonesia’s ports is extremely important, not just for the connectivity of Indonesia’s islands but also to bring down logistical costs and raise competitiveness,” Sarvesh Suri, Indonesia...

¬ Haymarket Media Limited. All rights reserved.

FinanceAsia has updated its subscription model.

Registered readers now have the opportunity to read 3 articles from our award-winning website for free.

To obtain unlimited access to our award-winning exclusive news and analysis, we offer subscription packages, including single user, team subscription (2-5 users), or office-wide licences.

To help you and your colleagues access our proprietary content, please contact us at [email protected], or +(852) 2122 5222

Share our publication on social media
Share our publication on social media