Macroeconomics

Indonesia's Bali Seeks Investors for $20 bln Metro Project

July 25, 2024, 04.57 PM | Source: Reuters
Indonesia's Bali Seeks Investors for $20 bln Metro Project

ILUSTRASI. Bali. ANTARA FOTO/Fikri Yusuf/pd.

BALI - JAKARTA. The government of Indonesia's resort island of Bali is seeking investors for a 325 trillion rupiah ($20 billion) underground railway network starting September, officials said.

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The construction of the metro will be in four stages, connecting the capital of Bali, Denpasar, to popular tourist areas such as Seminyak, Canggu, Nusa Dua, Sanur, and Ubud, Ari Askhara, a representative of the Bali government, said on Wednesday, according to state news agency Antara.

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