LIFTING CONFIDENCE.

China powers the Indonesian dream

By Ding Gang Source: Global Times Published: 2019/8/14 18:40:213 A view of Jawa 7 Coal-Fired Power Plant in Kota Serang, Indonesia. Photo: Courtesy of China Energy Engineering Group Zhejiang Thermal Power Construction Co Ltd Seated opposite us in a conference room, Tulus Martini, a young Indonesian mother, was answering our questions in fluent Chinese. A …

Indonesia pledges $40 billion to modernize Jakarta ahead of new capital: minister

JAKARTA (Reuters) – The Indonesian government is not abandoning Jakarta after announcing plans to move the country’s capital, its planning minister said, pledging to spend $40 billion to save the slowly sinking city in the next decade. The current Indonesian capital will undergo a 571 trillion rupiah ($40.18 billion) urban regeneration in the next 10 …