PT Indocement - June 2016
Last month it was revealed that Indonesia needed US$450bn to finance its infrastructure development plans for 2015-19. As many as 30 projects in the road, rail, power, water and waste sectors had been identified as priority projects, fuelling hope among the country’s cement producers of an upturn in cement demand. This week, however, the ‘Indonesia 2016 Construction Outlook: infrastructure opportunities with relative risk and challenges’ report from Research and Markets says that despite the government’s announcement of billions of dollars of investment, very few projects are actually getting underway.