Economics

Indonesia Picks $97 Billion of Projects, Including 5 Airports, to Propel Recovery

High-speed train, refinery among dozens of strategic projects
Mega projects to drive growth in post-pandemic era: Jokowi

Vehicles travel along a road in the central business district during a partial lockdown imposed due to the coronavirus in this aerial photograph taken in Jakarta, on May 13. — Vehicles travel along a road in the central business district during a partial lockdown imposed due to the coronavirus in this aerial photograph taken in Jakarta, on May 13.
Photographer: Dimas Ardian/Bloomberg

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By Arys Aditya and Harry Suhartono

May 29, 2020 at 8:52 AM UTC

Updated on

May 29, 2020 at 11:04 AM UTC

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Indonesia will focus on infrastructure projects and social programs worth $97 billion over the next five years as President Joko Widodo seeks to rescue Southeast Asia’s largest economy from the fallout of the coronavirus pandemic.