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Jakarta Post

Infrastructure projects key to safeguarding economy

  • Mustaqim Adamrah and Aditya Suharmoko,

    The Jakarta Post,

Jakarta   /   Mon, January 5 2009   /  11:05 am

The government and businesses seem to have agreed on one solution that could mitigate the impact of the global slowdown while also creating millions of new jobs -- to accelerate government-led infrastructure projects. Up to Rp 100 trillion (about US$$9.95 billion) of funds have been set aside to finance projects developing ports, turnpikes, railways, bridges, water irrigation systems and others, with the government already putting out the tenders for some of these projects. Sri Mulyani Indrawati, Finance Minister who is also acting Coordinating Minister for Economy, said recently that these ongoing tenders were mostly managed by the Public Works Ministry. "I'm asking other government and regional administrative units to follow suit so that infrastructure projects can start no later than Jan. 5," Mulyani said. Bambang Susantono, a deputy to the coor...