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Traffic crawls next to a construction site for a commuter line in Jakarta. (Antara Foto)
Asia Insight

Indonesia lives dangerously with $355bn infrastructure drive

State enterprises are racking up debt to keep projects going

WATARU SUZUKI, Nikkei staff writer | Indonesia

JAKARTA -- Indonesia's state-owned enterprises minister had a joke ready when she arrived late to an infrastructure conference in September. "The traffic jams are getting worse because we are building so many projects," Rini Soemarno told the audience.

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