Indonesia Says It's Tackling Corruption Concerns

03.03.2012

Indonesia is tackling international investors' concerns over crumbling infrastructure, corruption and other problems so it can continue to see its economy expand and take a seat next to India and China, Indonesia's Vice President Boediono said.

While Indonesia's gross domestic product expanded at a 15-year high last year and the country attracted a record amount of foreign direct investment, economists, investors and executives are concerned the country's outdated infrastructure, continuing reputation for corruption and confusing regulations could soon cap its rise.

There are also concerns that Southeast Asia's largest economy could get hurt by corruption activities in the country.