Our world competitiveness ranking has risen: Eddy Wardoyo

28 Feb 2024 CW Team

These are exciting times for Indonesia. For starters, the monumental shift of its capital from Jakarta to Nusantara, a $ 30-billion investment testament to writing a new chapter with innovation and sustainable development. Poised at the brink of transformative growth, the country’s dynamic construction and infrastructure landscape is set to unfold a vista of opportunity. Further, Indonesia is on the cusp of channelling substantial investments, earmarking a staggering $ 50 billion for bilateral trade relations. Little wonder then, that His Excellency Eddy Wardoyo, the Consul General of the Republic of Indonesia in Mumbai, exuded a quiet confidence when he met FALGUNI PADODE, Group Managing Editor, in his office. Having navigated the corridors of policy analysis during his tenure in Delhi from 2012 to 2016, the Consul General’s focus is now different. “Here in Mumbai,” he shared with a chuckle, “I look at the implementation of policy!”

As we explored the myriad opportunities Indonesia presents in construction and infrastructure, it became abundantly clear that his guidance serves as a beacon, beckoning Indian investors to join in the nation’s journey of development.

To read the full story, CLICK HERE.

Technology

29 Jul 2026

AI-Enabled Workflows Lift Profitability and Productivity

Organisations modernising frontline workflows with artificial intelligence, automation and real-time data are reporting stronger financial performance, higher productivity and improved employee engagement, according to a global study by Zebra Technologies and Oxford Economics.The research covered 1,000 senior leaders across retail, manufacturing, transportation and logistics in the US, Mexico, the UK, Germany, India, Japan, Australia and New Zealand.In transportation and logistics, 54 per cent of companies that improved picking and packing operations reported faster operational performance, wh..

India Leads Global AI Readiness but Implementation Lags

Indian companies lead global averages across all eight artificial intelligence readiness indicators tracked by JLL, but only 19 per cent have started making changes to their workplaces, according to the JLL 2026 Future of Work Survey.The study found that 77 per cent of Indian business leaders expect AI to change their office requirements, creating a 58-percentage-point gap between awareness and implementation. The survey covered more than 2,200 CEOs, CFOs and real estate leaders across 21 countries during the first quarter of 2026.Despite concerns over automation, 58 per cent of Indian leaders..

Three WOLFF Cranes Build Riyadh Cable-Stayed Bridges

Three WOLFF 180 B luffing jib cranes are supporting the construction of two cable-stayed bridges alongside the existing Wadi Laban Bridge in Riyadh, Saudi Arabia. The project is being developed for the Royal Commission for Riyadh City and executed by the ICRC joint venture comprising IC Ictas and Al Rashid Trading & Contracting Company.The cranes are handling lifting operations including formwork, reinforcement, concrete placement, work platforms, surveying equipment and other construction materials. Each crane is fitted with a 40 m jib, reaches a hook height of 157 m and offers a maximum ..