Indonesia Economy Forum

[Kansel]

Komodo airport development was part of its effort to support Labuan Bajo as one of Indonesia's priority tourism development to make 10 'New Balis'. (Photo Courtesy of Tourism Ministry)

Changi Operator Wins Concession for Komodo Airport
BY :THRESA SANDRA DESFIKA

DECEMBER 26, 2019

Jakarta. Changi Airport International, the operator of the world's best Changi Airport in Singapore, has won a 25-year concession to operate Komodo Airport in Labuan Bajo, the main gateway to the world-renowned Komodo dragon national park in East Nusa Tenggara.

The Transportation Ministry announced on Thursday that Changi's consortium, which includes Jakarta-listed airport service firm Cardig Aero Services and Changi's subsidiary Changi Airports Mena, will invest Rp 1.2 trillion ($86 million) to expand the airport's runway, aprons, and international terminals and another Rp 5.7 trillion for its operation.

The consortium will build the facilities and have full control of the airport before handing back the airport management to the government at the end of the concession period Transportation Minister Budi Karya Sumadi said in a press conference.

"I appreciate their interest because there are only 600,000 passengers [per year] today. It should become 4 million passengers per year in 10 years," Budi Karya said.

Budi Karya said Komodo airport development was part of its effort to support Labuan Bajo as one of Indonesia's priority tourism development to make 10 'New Balis'.

"This is our chance to allow tourists who have been passing through Singapore to go directly to Labuan Bajo. So, I think that's the most important point," Budi Karya explained.

The coordinating Minister for Investment and Maritime Affairs Luhut Binsar Pandjaitan said the government has lofty ambition for Labuan Bajo in the medium term.

"We hope that [Labuan Bajo] can host APEC or G20 meeting," Luhut said, referring to the Asia Pacific Economic Cooperation and the group of 20 world's largest economies that Indonesia is part of. The country plans to submit a proposal for hosting the APEC meeting in 2024 and the G20 meeting a year earlier.

The project also marked a successful public-private partnership (PPP) scheme in any airport that the government has been promoting in the past few years for developing infrastructure in the country. Komodo was the first airport in the country to be developed under such a scheme.

Finance Minister Sri Mulyani Indrawati said the Komodo airport project showed the progress that proved Indonesia as an attractive destination for foreign investors.

The government plans to offer next year the development of Singkawang Airport in Pontianak, West Kalimantan and Sam Ratulangi Airport in Manado, North Sulawesi to foreign investors, using PPP scheme.

https://jakartaglobe.id/business/changi-operator-wins-concession-for-komodo-airport

 

[Bungaterakhir]

91 national strategic projects completed in 2019: Ministry
source :Link

"In 2020, there will be 141 infrastructure projects to be completed in the list of national strategic projects"

Jakarta (ANTARA) - Ninety-one strategic national projects have been completed in 2019, from the total of 223 projects, according to the Presidential Decree number 56 of 2018, Coordinating Ministry for Economic Affairs has said.

"We hope at the tail end of this year we can add two more projects to the list," the Deputy for Coordination of Infrastructure Acceleration and Regional Development from the Coordinating Ministry for Economic Affairs, Wahyu Utomo, said in the 2019 Year End Telemathics discussion in Jakarta, Monday.

The two projects that will be completed at the end of this year include the road infrastructure and the airport train at Adi Soemarmo Airport in Solo, Central Java, which means the total projects still under construction reach 87 percent.

"Some of the projects that are still under construction have been operating partly even though they have yet to be completed," he said.

One of the major projects that have been completed this year is the Palapa Ring project that connects 34 provinces through optical fiber with broadband networks, he continued.

In addition to 223 national strategic projects, there are three additional programs, namely the electricity program and the aircraft industry program and economic equality, the date from the Committee for the Acceleration of Priority Infrastructure Provision (KPPIP) said.

The funding for all projects, scattered across Indonesia, is expected to reach Rp4.183 trillion.


BKPM offers Chinese investors US$91.1 billion infrastructure projects
source : Link

Jakarta (ANTARA) - Indonesia’s Investment Coordinating Board (BKPM) offered 28 infrastructure projects worth US$91.1 billion to investors under China's Belt and Road Initiative (BRI) in Chongqing port city, Sichuan Province, an official noted in a statement issued here,Tuesday.

"Indonesia has committed to expanding businesses overseas under the Belt and Road Initiatives. It will serve as an attractive opportunity for investors here (in Chongqing)," BKPM's Investment Planning Deputy Ikmal Lukman noted in a speech delivered at the Indonesia-China Business Forum on Trade, Tourism, and Investment on Monday (Dec 2).

Tourism development and technology projects offered by Indonesia's government to Chinese investors were valued at between US$8 billion and US$41.6 billion, he stated.

The Future Is Now In Indonesia As BYD Lands Order For 200 Electric Taxis For Jakarta & Bali
source : Link

BYD is electrifying Bali and Jakarta with a new order for a fleet of 200 of BYD’s fully electric T3 vans from the operator of the largest taxi network in Indonesia, PT Blue Bird Tbk. The new order is the largest order for fully electric taxis in history in Indonesia and also sets a new record for BYD for its electric vans outside of China.

The vans will join the fleet of 25 fully electric BYD e6 taxis which have been operating in Indonesia for the past few months, racking up more than 2 million kilometers | 1.24 million miles along the way. “In the past few months, our 25 e6 taxis have traveled a total of 2 million kilometers in Jakarta. This is equivalent to circling the earth 50 times!” said Liu Xueliang, general manager of BYD’s Asia Pacific sales division.

The new order for 200 electric 7-seater vans from BYD represents the next bold step into the electrified future not only for taxi operator Blue Bird, but for Indonesia as a whole. Blue Bird owns more than 30,000 taxis that operate in Indonesia, so while the 200 vans are an impressive incremental step into electrification, the potential is far larger if these new vans prove to be a success.

 

[Lego Jangkar]

 

[Nike]

Japan hopes MRT Jakarta can curb traffic congestion issues
27th December 2019

Japan's Minister of Land, Infrastructure, Transport and Tourism, Kazuyoshi Akaba, giving his remarks in Jakarta, Thursday (26/12/2019). (ANTARA/Aji Cakti/ac).

Jakarta (ANTARA) - Japan's Minister of Land, Infrastructure, Transport and Tourism, Kazuyoshi Akaba, hoped MRT Jakarta would be able to contribute to addressing road congestion that often plagues the capital city.

"I hope the MRT can contribute to addressing the congestion on Jakarta's roads," said the Minister in Jakarta, Thursday.

He then recounted his experience when he first visited Jakarta in 1991, where he said that at the time, the city of Jakarta was plagued by severe congestion due to a large number of vehicles.

He hoped MRT Jakarta would overcome the problem. He also praised the well maintained MRT Jakarta stations and the faster speed of trains compared to the ones operating in Japan.

"I also see there are female-only train cars and spaces for people with disabilities," Kazuyoshi Akaba said as he officiated the Official Development Assistance (ODA) symbol from Japan for Indonesia. The symbol is mounted on one of the exit walls of the Bundaran HI MRT station.

Japanese Deputy Ambassador to Indonesia, Ono Keichi; Head of Economic Affairs of the Japanese Embassy, Miyashita Tadayuki; Chief Representative of the Japan International Cooperation Agency, Shinichi Yamanaka; MRT Jakarta Construction Director, Silvia Halim, and a number of other PT MRT Jakarta officials were also present at the event.

The Phase I construction of MRT Jakarta, with the 16 kilometer route between Bundaran HI and Lebak Bulus, was inaugurated by President Joko Widodo on March 24, 2019.

PT MRT Jakarta President Director, William Sabandar, said that as of December 19, 2019, the average number of passengers using the mode of transportation had reached 94,785 per day, a significant increase compared to November's numbers of 89,327 passengers per day. Related news: MRT Jakarta offers five station naming rights

Related news: MRT plans to power trains with renewable energy

Related news: MRT projected to reduce 5,600 private cars plying on road

Reporter: Aji Cakti/Aria Cindyara
Editor: Gusti Nur Cahya Aryani
COPYRIGHT © ANTARA 2019

https://en.antaranews.com/news/138743/japan-hopes-mrt-jakarta-can-curb-traffic-congestion-issues

 

[Indos]

It is a good move to broaden tax duty for online shopper who like to import goods. I also hope more tax should be imposed on many imported goods. Those traders who like to import things will make our economy just become a market for another country industry.

We need more goods and services producer to make our economy become competitive and healthy.

 

[Nike]

Foto udara arus lalu lintas di tol Jakarta-Cikampek dan tol JORR (Jakarta Outer Ring Road) di, Bekasi, Jawa Barat, Minggu (29/12/2019). Pada H-2 libur tahun baru 2020, lalu lintas di Tol Jakarta-Cikampek dan JORR terpantau ramai lancar. ANTARA FOTO/Fakhri Hermansyah/aww.

Foto udara arus lalu lintas di jalan tol Jakarta-Cikampek I dan II di, Bekasi, Jawa Barat, Minggu (29/12/2019). Pada H-2 libur tahun baru lalu lintas di sekitaran Tol Jakarta-Cikampek terpantau ramai lancar. ANTARA FOTO/Fakhri Hermansyah/aww.

Kereta api Bandara Adi Soemarmo melintas di jalur kereta api Stasiun Balapan Solo - Stasiun Bandara Adi Soemarmo saat uji coba di Ngemplak, Boyolali, Jawa Tengah, Sabtu (28/12/2019). Uji coba tersebut dilakukan sebagai kesiapan moda transportasi yang terintegrasi dari Stasiun Balapan Solo menuju Bandara Adi Soemarmo menggunakan kereta api dengan waktu tempuh kurang lebih 20 menit. ANTARA FOTO/Aloysius Jarot Nugroho/wsj.

 

[Nike]

 

[Indos]

Here is Indonesia economy projection made by foreign institution. Our growth is predicted to be around 5 % for the next 14 years. With such growth we are predicted to have 2.2 trillion dollar economy in 2029 and 3.2 trillion dollar economy in 2034. This number is actually not bad at all. I also think if we can have surplus trade balance along the years until 2034, our currency then will likely to be quite strong as well thus having 3 trillion economy in 2034 will get greater possibility.

I hope our trade balance can score huge surplus when we start reaching the year of 2024 so that we can stop our coal export since that year or at least gradually until 2030.

https://cebr.com/wp-content/uploads/2019/12/World-Economic-League-Table-Report-2020-Final.pdf

 

[katarabhumi]

Indonesian Online Education Startup Ruangguru Raises $150M
Dec 30, 2019

Ruangguru, an Indonesian startup behind an online tutoring and test-prep platform, has raised $150 million in a Series C round led by General Atlantic and GGV Capital. Ashish Saboo, managing director and head of Indonesia at General Atlantic, will join the company’s board of directors.

Founded in 2014, Ruangguru offers online tutoring services along with a subscription to educational videos. The Jakarta, Indonesia-based company claims it has more than 300,00 teachers across the country who serve over 15 million students, according to a statement Thursday. The funding will support its efforts to expand into Vietnam.

This deal marks the second time this year that General Atlantic has invested in an Asian edtech company. Earlier this year, the New York-based private equity firm also invested in in Byju’s, an India-based online education provider.

https://www.edsurge.com/news/2019-12-30-indonesian-online-education-startup-ruangguru-raises-150m

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[Kansel]

Unexpected for me.

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[Nike]

Puffing tom In Enies Lobby and Water seven
in real life

 

[trishna_amṛta]

Unexpected for me.

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Complete waste of money for negligible result . Money best spend to fix our Healthcare, Education, or operating cost of our entire defense & security apparatus.

 

[Kansel]

Complete waste of money for negligible result . Money best spend to fix our Healthcare, Education, or operating cost of our entire defense & security apparatus.

Well, prestige purpose? It's very common things for human to do so¯\_(ツ)_/¯ f*ck it. Just like US and USSR with their space campaign shit.

 

[NEKONEKO]

Puffing tom In Enies Lobby and Water seven
in real life

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Ah I see you are a woman of culture as well didn't expect that.

At least the MRT is not affected with the flood.

 

[trishna_amṛta]

Well, prestige purpose? It's very common things for human to do so¯\_(ツ)_/¯ f*ck it. Just like US and USSR with their space campaign shit.

Different context entirely. The space race between US vs USSR was literally charting the uncharted frontier thus there are significant scientific & engineering know-how as a result of it. While the current space program (particularly ISS) is more about building cooperation, common standard (in regard to space technology), policy & politic, etc, but nothing new in term of scientific & engineering.