Tuesday, December 3, 2013

Gaps in infrastructure costing Indonesian economy - OBG

Gaps in infrastructure costing Indonesian economy

With its low debt-to-GDP ratio, abundant resources, growing consumer demand, healthy political discourse and rising investment, Indonesia is set to lead the region and could become the world’s sixth-largest economy by 2030. But its bright future remains at risk due to bottlenecks that are the result of the lack of infrastructure and of the low quality of what is already in place. The government is working to address these problems, in part by encouraging public-private partnerships (PPPs).
Infrastructure investment has lagged in recent years, averaging 3-4% of GDP since 2000, well down on the 7% or more from before the Asian financial crisis in the late 1990s. Moreover, others in the region are spending far more, ... Read more.

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