The Jakarta Post
The Indonesian Chamber of Commerce and Industry (Kadin) has asked the government to accelerate infrastructure development outside Java, especially in the eastern part of the country.
The call comes from a series of recommendations issued at the end of the chamber’s national leadership meeting in Makassar on Sunday.
Kadin also called on the government to revive the operation of the now defunct state-owned national development bank Bapindo to help speed up infrastructure development.
Speaking to reporters after the meeting, Kadin chairman Suryo Bambang Sulisto said the work undertaken by Bapindo, which merged into Bank Mandiri, was crucial to providing long-term financing for development projects especially infrastructure, which would not only need a large amount of funds but long-term financing facilities.
“The existing banks are currently focusing more o...