Indonesia Announces Multi-Billion Dollar PPP Infrastructure Investment

• Samphors Sao
• 18 January 2021
• International News
• 2660 Views

The Indonesian government has announced the commencement of seven major infrastructure public-private projects (PPP) worth US$5.4 billion to help the nation attract more fresh private investment in early 2021.

Eko “Heri” Djoeli Heripoerwanto, director-general of infrastructure financing at PUPR said in a press conference that, “In 2021, we will start the procurement process for six roads that span 208.7 km and a drinking water system project. If everything goes smoothly, we could execute the process for all listed projects.”

The Public Works and Housing Ministry predicts that the state funds are estimated to insure at most 30 per cent of the necessary development funding until 2024. These projects are part of 158 infrastructure projects that are still underway.

In spite of the economic downturn from the COVID-19 pandemic, Indonesia’s infrastructure projects are still appealing towards private investors and endure optimism in the long-run.

• Projects Development
• Investment and Funding