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Indonesia to offer transportation projects to European, Asian investors

By:Xinhua Net   Update:2017-09-20
JAKARTA, Sept. 18 (Xinhua) -- Transport ministry of Indonesia will seek participation of investors from Europe and Asia in the country's infrastructure projects for transportation sector, a minister said here on Monday.

Indonesian Transport Minister Budi Karya Sumadi, who is scheduled to attend the 4th Asia-Europe transport minister meeting (ASEM TMM) 2017, said that he would offer strategic projects in both air transport and marine transport to the investors.

"It would be in detail when we conduct a one-on-one meeting with one country," he said at transport ministry.

The ASEM TMM meeting will take place in Indonesia's resort island of Bali from Sept. 26 to 28.

Indonesia, a vast archipelagic nation, is attempting to construct a massive infrastructure project to link over 17,500 islands in the country in an effort to help spur economic growth.

Still, the government badly needs participation of private sector to accelerate the projects.