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Government to offer more PPP projects to investors
Bappenas estimated the country will need investment in infrastructure worth US$429.7 billion, equal to 6.1 percent of GDP, between 2020 and 2024.
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Komodo Airport is located on Flores Island and is considered the gateway to the highly popular Komodo National Park, which is on the neighboring island of Komodo. (JP/Wienda Parwitasari)
T
he government is set to offer more projects to private businesses through the public-private partnership (PPP) scheme after awarding a PPP project to Singaporean companies recently.
Transportation Minister Budi Karya Sumadi said the government would look to offer investors at least three development projects for the airports of Kualanamu in North Sumatra, Sam Ratulangi in South Sulawesi and Singkawang in West Kalimantan.
Meanwhile, a proving ground facility for roadworthiness and vehicle certification situated in Bekasi, West Java, as well as unspecified railway projects in South Sumatra, were also on the table under the PPP plan.
“Investors from South Korea have already expressed an interest in investing [in the railway projects],” Budi Karya said in Jakarta on Thursday.
“Thus, I ask for the Finance Ministry’s support so that this [plan] will run accordingly so we can no longer rely on the state budget to develop [infrastructure] across the country.”
The government has repeatedly expressed its desire to see more of the private sector take a part in developing, financing or managing the country’s infrastructure projects to ease the burden of the state.
The National Development Planning Agency (Bappenas) estimated the country will need investment in infrastructure worth US$429.7 billion, equal to 6.1 percent of GDP, between 2020 and 2024.
