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Jakarta Post

RI to seek private investment to develop digital infrastructure

  • Adrian Wail Akhlas

    Jakarta

Jakarta   /   Sat, September 19 2020   /  01:00 am
Illustration of a satellite.(Shutterstock/Tatiana Shepeleva)

Indonesia will seek private investment, both from foreign and domestic investors, to develop the country’s digital infrastructure, as the COVID-19 outbreak has accelerated the digital transformation, Finance Minister Sri Mulyani Indrawati said on Tuesday. The government will seek more public-private partnership (PPP) schemes through the Communications and Information Ministry in a bid to speed up development, she said. The investment will complement the government’s budget allocation of Rp 30.5 trillion (US$2.05 billion) in the 2021 state budget to develop the information and communications technology (ICT) sector. “The development of digital infrastructure will not only use the state budget but also the PPP scheme between the government and private companies, both foreign and domestic,” she told reporters in a press briefing. “We will foc...