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View all search resultsThe government is banking on corporate participation to bridge Indonesia’s infrastructure funding gap, but experts warn that strained finances of state-owned construction firms and the current reluctance of private investors to commit to large-scale projects may hinder progress.
Much of the tension surrounding COP27 is expected to relate to loss and damage -- compensation funds provided by wealthy nations to vulnerable lower-income countries that bear little responsibility for climate-warming emissions.
Indonesia has seen a 10 percent increase year-to-date in $1 million to $20 million ticket deals compared to last year. However, the country also saw a 19 percent decline in $20 million to $100 million funding often found in series C and D over the same period
Several state-owned enterprises have struggled to access large long-term sources of funding. Earlier this year, state firms in charge of infrastructure development turned to creative financing schemes to obtain funds for their projects as regular investors expressed their reluctance to put their money in long-term investments.
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