News Snapshot:
Covid-19 resurgence threatens SE Asia road projects 18 Jan 2021 10:47 GMT Covid-19 resurgence threatens SE Asia road projects Singapore, Road infrastructure projects in southeast Asia are facing curtailments again as a resurgence of Covid-19 cases in the region and mounting healthcare costs threaten budget allocations. Indonesia The Indonesian government in April last year slashed the road infrastructure budget by about 40pc, from $3.19bn to $1.96bn, as funds were reallocated to manage the impact of Covid-19. Jakarta has earmarked $4.02bn or 56.9 trillion rupiah for road projects in the January-December 2021 fiscal year, according to the Indonesian Road Development Association....
