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Jakarta Post

Discourse: Domestic savings key to economic development in Indonesia

  • The Jakarta Post

  /   Mon, August 20 2018   /  02:42 am
Naoyuki Yoshino (Courtesy of ADB)

Naoyuki Yoshino (Courtesy of ADB)With infrastructure development having been prioritized by the administration of President Joko “Jokowi” Widodo, infrastructure financing is a crucial issue. The Jakarta Post’s Rachmadea Aisyah recently talked with Naoyuki Yoshino, the dean and CEO of the Asian Development Bank Institute (ADBI), about infrastructure and capital investment. The following are excerpts from the interview:Question: What have you been doing here with ADBI?Answer: Today we are talking about infrastructure financing. Indonesia requires a huge amount of money for infrastructure development. In order to complete so many projects, not only is government money important, but also private sector financing. However, public-private partnerships (PPPs) in many Asian countries are not doing very well.One of the main reasons why private sectors do not want to put their mon...