The Indonesian government has been showing a strong commitment to accelerating private sector participation in infrastructure development and investment. The government’s National Medium-Term Development Plan 2015-2019 estimated that the total investment needed for infrastructure development during the period was IDR 4,796.2 trillion; this is expected to increase to IDR 5,957.7 trillion during 2020-2024. Our focus story “Limited Headway” takes a look at the evolution of the PPP landscape in Indonesia.
Over the past few years, Vietnam’s power sector has been facing significant challenges in satisfying the needs of economic growth and improving people’s lives. The story on Vietnam’s Power Development Plan VIII gives insights into the steps towards a resilient grid.
Construction works on Phase I of the MRT project started in 2013 with the help of international and local partners. This phase was commissioned in 2019 and has already exceeded one of its targets of serving 65,000 passengers per day. In the current issue, Southeast Asia Infrastructure takes a look at the progress made by the MRT project, current practices being followed for tunnelling works, challenges faced, steps taken amidst the Covid-19 outbreak and the way ahead.
EVs enable developing economies in the region to meet their climate change commitments, reduce air pollution, and increase energy security. Over the past few years, Southeast Asia has been showing promising signs of future EV market growth and development. In the story “Bright Prospects”, we discuss the potential of electric vehicles across the region.
The Covid-19 pandemic has certainly highlighted the importance of digital tools and solutions in sustaining and facilitating the various functions of the economy and the government at a time when remote working and operations have become the norm. The story “Tech Saviour” talks about the role of Covid-19 in speeding the region’s uptake of digital platforms and technologies.