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Emerging market focus: Indonesia
- July 1, 2025: Vol. 18, Number 7

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Emerging market focus: Indonesia

by Kali Persall

The ripe potential of Indonesia’s infrastructure market is becoming increasingly hard to ignore, thanks in part to the Indonesian government’s focus on intensive infrastructure development and a strong pipeline of ports, roads and power projects waiting in the wings.

Mordor Intelligence notes infrastructure investments increased by $429.7 billion between 2020 and 2024, up 20 percent from $359.2 billion between 2015 and 2019. In 2024 alone, the Indonesian government had allocated more than IDR 423 trillion ($26 billion) for infrastructure — a sharp increase of more than 8 percent from the previous year, according to Statista.

Indonesia’s government plans to add 35 gigawatts of new power capacity as part of a massive infrastructure push, and various megaprojects have undersco

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