Half-Baked Policy

The irresolute attitude of the minister of transportation concerning two infrastructure projects is making the market confused.

Tempo

December 4, 2018

The government’s credibility is on the line.

 

The blow-hot blow-cold attitude of Transportation Minister Budi Karya Sumadi concerning continuation of two infrastructure projects, the Jakarta-Bogor-Depok-Bekasi light rail transit and the Jakarta-Bandung fast train projects, is cause for regret. Negative market reaction and potential investor losses should have been calculated from the outset so that just-announced policies do not hav

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