Indonesia Lags Project Targets as Yudhoyono Exit Looms
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Indonesia will start less than half of the infrastructure projects it planned for this year because of difficulties acquiring land and as soaring fuel-subsidy costs forces the nation to cut budget spending.
Outgoing President Susilo Bambang Yudhoyono’s government will start work on 13 out of the 34 projects it had targeted this year, Deputy Planning Minister Dedy Supriyadi Priyatna said in an interview yesterday. Those that will proceed, with total investment estimated at about $16.7 billion, include trans-Sumatra toll roads and railways in Kalimantan, he said.