Indonesia prepares for single market

The government of Indonesia plans to upgrade 14 ports to allow them to handle international traffic in time for the creation of the single ASEAN market in 2015.

Included in the scheme are Belawan, Dumai, Panjang, Tanjung Priok, Tanjung Emas, Tanjung Perak, Balikpapan, Banjarmasin, Makassar and Sorong.

The level of investment needed is not yet known, but some funding may well come from Japan, China and South Korea, as well as from the ASEAN Infrastructure Fund.

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