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Jakarta Post

Govt may reclassify Sunda bridge as ‘solicited’ project

Jakarta   /   Wed, November 7 2012   /  09:13 am

The government is planning to reclassify the proposed Sunda Strait Bridge (SSB) as a solicited project to end confusion surrounding its legal basis, a senior minister says.

“There is support for classifying the SSB as a solicited project so that better preparations can be made for its planning and its feasibility study,” Deputy Finance Minister Mahendra Siregar told reporters here on Tuesday.

Under Presidential Regulation No. 67/2005 on public/private partnerships (PPP), public infrastructure projects can be designated as unsolicited or solicited.

An unsolicited project, according to the regulation, must be initiated by a private entity that must submitted to the government a well-defined proposal and a completed feasibility study. If the government decides to proceed with the unsolicited project, it cannot provide guarantees or financing to the private entity.