Video: Indonesia’s plan to transform its ports
Published on 26/08/2016
Indonesia is badly in need of new capacity for its ports to remove the chokehold that poor infrastructure is applying on the country’s growth. The country’s main port of Tanjung Priok, which handles 70% of all Indonesia’s cross-border trade, is operating at 50% over capacity, leading to increased load times and frustration among the shippers and exporters looking to tap into the massive potential that Indonesia offers.
But the country’s government is not standing idle – an enormous upgrade programme is in the pipeline, with a full 23 new seaports to be built by 2019. A new video by the Economist details the plan, along with the many other upgrades promised by Indonesia’s President Joko Widodo, and sets out how infrastructure development can throw the shackles off a potential superpower.
Watch the video here: