Indonesia lives dangerously with a $355bn infrastructure drive

State companies are racking up debt to keep projects going

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

WATARU SUZUKI, Nikkei staff writer

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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