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Indonesia to build infrastructure projects worth $295 billion before 2019

by | May 25, 2021

Indonesia to build infrastructure projects worth $295 billion before 2019Jakarta, (IINA) : The Indonesian government said the country is expected to build infrastructure projects with a total investment of Rp4,000 trillion ($295.8 billion) until 2019, Antara News reported.

Minister of National Development Planning Agency (Bappenas) Bambang Permadi Soemantri Brodjonegoro said the private sector would account for two-thirds of the investment. Bambang said the government would put up the remaining 33 percent of the total investment. “The private sector including state companies are expected to provide two third of the total investment,” he said at a discussion on Evaluation of Year-end 2016 and Hope 2017 here on Saturday.

He said infrastructure projects are highly attractive for the private sector especially ones related directly to the public interest such as toll roads, airports, and seaports. He said as long as the investment and the selling price to the national power utility are reasonable, there would be purchasing power agreement.

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