Indonesia to emphasize building infrastructure in eastern islands in 2013

Sumba island (indonesia.travel)Jakarta — Indonesian Coordinating Minister for Economy Hatta Rajasa said Thursday that the government would put a priority on building islands in the eastern parts of the country next year. “Maluku and Papua would be the priority on the development next year,”Hatta was quoted by Inilah.com online, one of the biggest portals in the country, as saying.

Maluku and Papua are two main islands located in eastern part of the archipelago country. Another main island is Sulawesi, but infrastructures on the island are much better.

The Indonesian government has launched a master plan for long- term development program to build massive infrastructures to spur economic growth.

The government expects participation of foreign investors in the development program by improving investment climate.

Recently, Indonesia has got credit rating upgrade to investment grade from Moody’s and Fitch’s, helping lure foreign funds.

The country’s economy has expanded by more than 6 percent in eight quarters by three months ended September.

Indonesian President Susilo Bambang Yudhoyono aims to achieve an economic growth target of 6.6 percent annually be the end of his term in 2014 through building massive infrastructures.

Infrastructure facilities in western parts of Indonesia have been better compared to that in other parts of the country.[]

xinhuanet.com

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