Jan 21, 2019 SOURCE: © CTO Data Services Co.
INDONESIA SETS 50 PERCENT LOCAL CONTENT AMBITION FOR INFRASTRUCTURE PROJECTS
Indonesia’s transportation minister, Budi Karya Sumadi, has stated that the government will encourage at least 50 percent local content in future infrastructure projects, especially for railways. Higher local content levels would be sought on the Jakarta-Surabaya semifast train project.
“We will intensify our train manufacturing industry so that local content will...
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