Minister : Infrastructure Lifts Investment, Cuts Logistical Costs
Translator
Ricky Mohammad Nugraha
Editor
Petir Garda Bhwana
Selasa, 8 Januari 2019 11:57 WIB
TEMPO.CO, Jakarta - Coordinating Minister of Economic Affairs Darmin Nasution stated that Indonesia’s economy is currently on a positive track that goes in conjunction with the government’s development projects. One of it is the infrastructure developments in order to suppress logistical costs.
Darmin said that ever since the Asian crisis in 1998-1999, Indonesia never commenced any meaningful infrastructure development programs. He said that this has hampered the growth of investments from entering the country which includes problems in developing production and logistics.
“We are all aware that shipping items from Tanjung Priok to Sulawesi, moreover to Papua, are exponentially more costly than shipping them to Europe,” said Darmin in Jakarta today.
Minister Darmin said that infrastructure development projects are not the end-goal of the Joko “Jokowi” Widodo administration. He maintained that it is the entrance door upon boosting investments and improving industrial capacity.
“If we don’t develop, investors will consider it useless,” said the Minister.
