Indonesia courts Hong Kong investors to build toll roads on Java as part of Widodo’s ambitious infrastructure plans

Indonesia’s state-owned construction firm is banking on two Hong Kong-based investors to help fund fee-charging motorways on the island on Java, amid a push by President Joko Widodo to woo foreign investment for his ambitious infrastructure plans.PT Waskita Toll Road, a unit of PT Waskita Karya that has been tasked with boosting connectivity across the archipelago, said the investors had expressed interest in buying its 40 per cent stake in two toll road segments in Java.Herwidiakto, chief…