Indonesia’s infrastructure needs are vast. The Indonesian government has estimated the country requires US$150bn of infrastructure investment, US$65bn of which is needed over the next five years. These are huge sums that will need to be met through a mix of public money and private investment and the National Development Planning Agency (Bappenas) has just announced that it will put 13 projects worth US$3.7bn out to tender under its Public Private Partnership (PPP) scheme. This seems like a sensible approach. Although the Indonesian government...Read more