Indonesian Government Offers 27 Infrastructure Projects to Investors
Two Indonesian government departments - the Ministry of National Development Planning and the Ministry of Economy - have selected 27 infrastructure projects that will be offered to the private sector in 2014. These 27 projects are considered top priority projects and will be offered during the International Indonesian Infrastructure Conference and Exhibition in the form of public-private partnerships (PPPs) with the Indonesian government. The total value of these projects combined is estimated at USD $47.5 billion.
The International Indonesian Infrastructure Conference and Exhibition will be held from 13 to 15 November 2013 in the Jakarta Convention Center. At this occassion, investors can obtain detailed information about the 27 infrastructure projects that are on offer.
Indonesia is characterized by a lack of quality and quantity of infrastructure. This involves both hard and soft infrastructure and brings along enormous economic costs (for example logistic costs), while curbing economic growth. Based on the government's National Long Term Development Plan (RPJPN 2005-2025), Indonesia needs IDR 4,800 trillion (USD $424.8 billion) for investments in the country's infrastructure. This includes electricity, clean water, housing, roads and more.
Visit the official website of the International Indonesian Infrastructure Conference and Exhibition.