Indonesia to offer more airport management projects to foreign firms in 2020

He listed the Kuala Namu airport on the outskirts of the city of Medan, North Sumatra, the Sam Ratulangi airport in Manado city in North Sulawesi, and an airport in Singkawang, West Kalimantan, as projects the government would offer in 2020.

Investment required at the first two airports amounted to up to 8 trillion rupiah, Sumadi said, adding that they already handle 14 million passengers and would be ideal entry points for tourists from the Middle East, China and India.

"We will also put on offer a railway project in South Sumatra, which has already received interest from South Korean companies," Sumadi said, adding the project was valued at an estimated 7-10 trillion rupiah.

President Joko Widodo has pledged to continue investing heavily in infrastructure in his second five-year term in office, which began in October.

His cabinet has estimated a total of $430 billion infrastructure investment will be spent between 2019-2024.