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Jakarta Post

Korea’s investment agency ready to promote projects

  • Riza Roidila Mufti

    The Jakarta Post

Jakarta   /   Thu, June 20 2019   /  02:46 am

South Korea’s agency for overseas investment is ready to help find investors and financial sources for Indonesia’s infrastructure projects to be developed under public-private partnership (PPP) schemes.The Korea Overseas Infrastructure and Urban Development Corporation (KIND) sees Indonesia as one of the most attractive destinations to invest in PPP-based infrastructure projects and has conducted a number of feasibility studies on several such projects.South Korean Ambassador to Indonesia Kim Chang-beom said the Indonesian office of KIND would act as a facilitator, coordinator and investor for PPP projects in Indonesia. “KIND will be working as a pipeline and window to explore and identify the appropriate financial resources that can feed into infrastructure developments in Indonesia. It can also work as an intermediary to link potential Indonesian business partners with infrastruc...