Japan is ready to provide $13 billion of funding for infrastructure projects in Indonesia, it said on Tuesday, as it looks to capitalise on the Southeast Asian nation’s strong economic growth. The investment is Japan’s contribution to a jointly funded 410 trillion rupiah ($42.75 billion) development plan for the greater Jakarta area. The countries identified 45 priority projects to be completed by 2020 to improve the region’s transport and energy infrastructure, including a rapid transit rail system and a new port at Cilamaya. Read More
