Indonesian Political, Business & Finance News

Archive: 24 July 2024

1 article found

Indonesia to Construct Giant Sea Wall on Java's Northern Coast

Indonesia is planning a massive sea wall project along Java's northern coast to address climate change, land subsidence, and coastal erosion threatening the region's economic sustainability. The three-phase initiative, backed by president-elect Prabowo Subianto, targets prevention of annual economic losses projected to reach Rp10 trillion and will require Rp164.1 trillion in funding through public-private partnerships for its first phase. This critical infrastructure project is essential for pro