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Indonesia Announces Massive Infrastructure Initiative

Indonesia has announced plans for more than $33 billion in new infrastructure projects in a bid to boost the economy of the Southeast Asian nation. Officials in Jakarta Thursday said the projects include new or improved ports, dams, roads, power generation facilities and airports.  Many economists see crumbling infrastructure as a major obstacle to attracting foreign investment in Indonesia. Coordinating Minister for Economic Affairs Hatta Rajasa says the government is aware of...

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