Asia
$6bn to be spent on Indonesian ports
Jakarta: The new Indonesian president, Joko Widodo, has earmarked close to $6bn in port spending. Five ports on the nation’s main islands will be expanded, coordinating minister for maritime affairs Indroyono Soesilo said this week.
The government will spend $5.8bn to expand ports in north Sumatra, Jakarta, east Java, south Sulawesi and Papua to serve large vessels and build feeder lines for smaller ports.
Jokowi has met investors from around the world who are keen to build ports in the archipelago. [07/11/14]
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