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Rp 4.180 Trillion Investment for Infrastructure Development

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Rp 4.180 Trillion Investment for Infrastructure Development

Katadata.co.id - World Bank Data in 2012 refer to the stock of infrastructure assets in Indonesia reached only 38% of the Gross Domestic Product (GDP).

The figure was far below the global average of 70% of GDP.

The coordinating minister for the Economy, Darmin Nasution, said, the number of PSN currently consists of 223 projects and 3 programs with investment value of Rp 4.180 billion.

“Of the 223 PSN, the government also sets the 37 priority projects with a total investment value of Rp 2,500 trillion and its implementation monitored regularly by the Committee for the Acceleration Provision of Priority Infrastructure (KPPIP),” said Darmin in Jakarta, Wednesday (2/10).

The government also took the initiative to release a policy from the fiscal aspects, institutions, and regulation.

Scheme viability gap fund, the availability payment and this tax incentive is expected to attract the interest of investors in projects that are less financially viable.

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