41. Urbanization's Infrastructure Demands at Home and Abroad
- Author:
- Charles Cadwell
- Publication Date:
- 06-2011
- Content Type:
- Commentary and Analysis
- Institution:
- Urban Institute
- Abstract:
- Jakarta, with a population of 9.5 million (27 million in the greater metropolitan area) has grown 3.6% per year for the past decade, about double the overall Indonesian population growth rate. By 2025, Jakarta will join the list of megacities, with the center city population reaching 10.8 million, according to a 2010 UN report. This next spurt will make Jakarta larger than Moscow and put it on a par with Paris. The proliferation of gleaming office towers that stretch in all directions from downtown is but one measure of dramatic growth. As you might expect, any prospects for continued growth will require dramatic new investment in infrastructure. Gleaming new toll-ways are already clogged, electricity supply, though much more reliable than in the countryside, is reportedly inconsistent. Corruption in public procurement dominates local and national headlines, keeping the national Anti-Corruption Commission more than busy. Financing infrastructure in the years ahead will require both public and private investment, though investors are understandably wary of a policy environment still dominated by money politics, opaque regulatory processes, and slowing reform momentum.
- Topic:
- Infrastructure, Urbanization, and Economic Growth
- Political Geography:
- Indonesia and Southeast Asia