Indonesia launches 46 trillion dollar projects for foreign investors

Indonesia plans to launch 46 trillion-dollar projects to foreign investors covering areas from Blok M to Karawang.The Ministry of Coordination for Infrastructure and Regional Development (MCIRD) recently organized the International Infrastructure Conference in Jakarta with the goal of building an international infrastructure investment forum to promote business matching and cooperation discussions among domestic and foreign stakeholders, including investors from European and Asian countries. The 46 project types highlighted cover areas such as highways, railroads, airports, housing, and water resources, including the Gilimanuk-Mengwi highway project worth 25.4 trillion rupiah, the Singkawang airport project, the Karawang City residential area project, and the Blok M Terminal mixed-use development area project. Indonesia is open to business partnerships, but emphasizes that investments need to be in line with national priorities, climate commitments, and people-centered development goals. The five core issues include building integrated future cities with infrastructure to support sustainable living; reducing logistics costs, with a focus on improving connectivity in the eastern region; focusing on livelihood infrastructure such as housing, education, and healthcare; enhancing infrastructure support for water resources and food security; and attracting global capital to participate in Indonesia's infrastructure development. The conference is the first platform to systematically integrate government departments, the private sector, development partners, and global investors to accelerate inclusive and sustainable infrastructure development and drive Indonesia's long-term development transformation. The Coordinating Minister for Infrastructure emphasized the importance of attracting global investors not only for short-term benefits, but also for long-term collaborative transformation. He reiterated Indonesia's openness to business, while emphasizing the need for investment to be aligned with national strategies, climate goals and livelihood development.