Indonesia president pledges more infrastructure, investment in second term

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Indonesia's recently re-elected President Joko Widodo on Sunday outlined hi...

BOGOR, Indonesia - Indonesia’s recently re-elected President Joko Widodo on Sunday outlined his vision for a second term, pledging faster infrastructure development and more investment opportunities to create jobs and growth in Southeast Asia’s biggest economy.

In a rally attended by thousands of supporters, Widodo said infrastructure development - a key agenda in his first term - would be accelerated to connect ports and airports across the archipelago to agricultural and tourism centers. Widodo also promised to open up investment opportunities in a country where red tape and vested interests remain a potent force discouraging foreign capital.Despite improvements in Indonesia’s ranking on the World Bank’s ease of doing business index, Widodo has conceded there remain too many obstacles to starting a business.

Andreas Sustiono, a 48-year old from a town near Jakarta, who was attending the rally, said it was exhausting dealing with Indonesia’s red tape.

 

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