Update COVID-19 in Indonesia: 24,538 confirmed infections, 1,496 deaths (28 May 2020)
29 May 2020 (closed)
USD/IDR (14,769) +8.00 +0.05%
EUR/IDR (16,275) +95.18 +0.59%
Jakarta Composite Index (4,753.61) +37.43 +0.79%
Our Public-Private Partnerships (PPP) section provides ample information regarding PPP projects in Indonesia and possibilities to participate in such projects. These PPP projects are offered by the Indonesian government to the private sector through its Ministry for Economic Affairs and Bappenas (National Development Planning Agency).
Important part of the Indonesian government's intention to become one of the ten major world economies by 2025 is the Masterplan for Acceleration and Expansion of Indonesia's Economic Development (MP3EI). This recently unfolded long-term program envisages a high degree of cooperation between the central government, local governments, state owned enterprises and the private sector. The private sector in fact has a vital role to play in this masterplan (in the form of PPP schemes) as it is expected to contribute the bulk of financing.
However, up to the moment Indonesia's PPP framework has not shown satisfying results yet due to regulatory discrepancies within the country's institutions and other bottlenecks that are mentioned in our Risks section. It will be important to establish a good track record that shows ability to realize and manage these projects in order to build trust in the private sector.
In this section Indonesia Investments aims to list and describe a number of PPP projects that are open to private investment. Each project will be carefully studied and evaluated before it is listed in this section. We also advise people to read our disclaimer attentively.
For further information or consultations please contact Indonesia Investments here.
Giant Sea Wall Jakarta; National Capital Integrated Coastal Development (NCICD)
In its quest to enhance flood prevention, foster urban development and - generally - become a more prestigious metropolis, the Jakarta government and Indonesian central government have agreed to start the realization of the National Capital Integrated Coastal Development (NCICD) masterplan, better known as the Giant Sea Wall, located in the bay just north of Jakarta (the capital city of Indonesia). The groundbreaking ceremony for this mega-project is scheduled for September 2014. The Netherlands and Indonesia join hands to construct the project.