A look at Indonesia's investment opportunities
2:22
A look at Indonesia's investment opportunities
Sep 11, 2018
CNBC
As Indonesian capital Jakarta is sinking fast into a swamp and major traffic jams are becoming an issue in the city, president Joko Widodo has been planning to use $33bn to reallocate the capital of the country. https://on.ft.com/2GOgB5b | Financial Times
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Indonesia’s economy is growing at 5% annually, but the country's finance minister Sri Mulyani warned that’s not enough to escape the middle-income trap. ➡️ In an exclusive interview with CNBC's JP Ong, Sri Mulyani emphasized the need for investment in human capital — education, health, and social safety nets, to drive higher growth and productivity. ➡️ With reforms in motion, Indonesia aims for high wages and a skilled workforce by 2045, but challenges like infrastructure and corruption remain.
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