#Projects
President assures stability in Whoosh project amid rising debt concerns
President Prabowo Subianto has assured the public that the government will resolve the financial difficulties plaguing the Whoosh Jakarta–Bandung high-speed train project.
Danantara Indonesia to issue US$3.1 billion “Patriot Bonds” for strategic projects
The country’s investment management agency BPI Danantara, or Danantara Indonesia, is preparing to launch Patriot Bonds up to US$3.1 billion (Rp50 trillion), which will be allocated to several national strategic projects, including large-scale waste management.
House criticizes Danantara’s project management, warns of strategic, fiscal risks
Trade and SOEs Commission VI of the House of Representatives raises concerns over the effectiveness of Danantara, a newly formed state-owned investment holding, in managing key national projects as the majority of its 21 priority projects remain entangled in financial, structural and business model issues that undermine its vision of stabilizing and optimizing state-owned assets.
President Prabowo greenlights US$80 B giant sea wall to protect Northern Java coast
President Prabowo Subianto has announced plans to construct a massive sea wall some 500 kilometers along the northern coast of Java Island, a project valued at US$80 billion (Rp1,298 trillion), aimed at combating the increasing threat of sea level rise and land subsidence in several vulnerable coastal cities.
Indonesia offers Rp90 T in infrastructure projects to attract global, domestic investors
The Indonesian government offered nine strategic infrastructure projects worth a total of Rp90 trillion (US$5.5 billion) to both domestic and international investors during the 2025 International Conference on Infrastructure (ICI) held in Jakarta on Wednesday, June 11, 2025.