Lupa Kata Sandi? Klik di Sini

atau Masuk melalui

Belum Memiliki Akun Daftar di Sini


atau Daftar melalui

Sudah Memiliki Akun Masuk di Sini

Konfirmasi Email

Kami telah mengirimkan link aktivasi melalui email ke rudihamdani@gmail.com.

Klik link aktivasi dan dapatkan akses membaca 2 artikel gratis non Laput di koran dan Majalah Tempo

Jika Anda tidak menerima email,
Kirimkan Lagi Sekarang

Gov't Calls for Private Involvement in Infrastructure Projects  

Translator

Editor

5 August 2016 21:54 WIB

TEMPO.CO, Jakarta - Taufik Widjoyono, secretary general of the Public Works and Public Housing Ministry, said that the government had conducted a number of reforms in relation to regulations in a bid to encourage private involvement in infrastructure projects.

Among the regulation reforms were those related to land procurement for infrastructure projects and acceleration of permits under the Investment Coordinating Agency (BKPM).

Speaking during a discussion with Singaporean investors, held by the Deutsche Verdana Indonesia on Friday, August 5, 2016, Taufik said that foreign companies would be allowed to participate in project tenders without being required to establish a local branch in Indonesia. Taufik added that the requirement could be fulfilled after the tender winner announcement.

In order to improve the bankability of public-private partnership, the government had set up infrastructure financing guarantee agency PT Penjaminan Infrastruktur Indonesia (PII) and PT Sarana Multi Infrastruktur that will provide supports starting from the preparation to the financial close stages.

Meanwhile, foreign ownership in the construction and consulting sector will be limited up to 67 percent.

"Foreign company can set up a joint venture with its local partner with a maximum ownership of 67 percent," Taufik explained.

In addition, foreign companies interested in construction and consulting projects can only participate in project tenders worth Rp 50 billion (US$3.8 million) and Rp 10 billion (US$769,000), respectively.

Taufik revealed that the financing requirement to develop infrastructures in the country in the period of 2015-2019 was estimated to reach US$261.2 billion. However, Taufik added, the government can only cover 27 percent of the cost or US$71.2 billion. Therefore, the government called on private investors to be involved in infrastructure projects in Indonesia.

BISNIS.COM



China Company Leaders Visit BP Batam, Exploring Business Development Potential

9 menit lalu

China Company Leaders Visit BP Batam, Exploring Business Development Potential

A total of 30 manufacturing company leaders from China and members of the Suzhou Hunan Business Association visited BP Batam on Wednesday.


Indonesia's GDP Projected to Rise in 2024

1 jam lalu

Indonesia's GDP Projected to Rise in 2024

Grant Thornton Indonesia estimates that Indonesia's gross domestic product (GDP) will see a 5.3 to 5.7 percent growth in 2024.


Investment Minister Extends Vale Indonesia's Mining License for 20 Years

6 hari lalu

Investment Minister Extends Vale Indonesia's Mining License for 20 Years

Indonesian Minister of Energy and Mineral Resources (ESDM) announced that the government officially extended the agreement with Vale Indonesia.


China's Guangzhou and Indonesia's Central Sulawesi Discuss Investment Opportunities

8 hari lalu

China's Guangzhou and Indonesia's Central Sulawesi Discuss Investment Opportunities

Indonesia's Central Sulawesi provincial government and China's Guangzhou municipal government discussed investment opportunities.


Indonesia to Hold 61 Percent of Freeport Shares, Investment Minister Says

9 hari lalu

Indonesia to Hold 61 Percent of Freeport Shares, Investment Minister Says

Investment Minister Bahlil Lahadalia said Indonesia will become the largest shareholder of PT Freeport Indonesia.


Jokowi Gathers Ministers to Evaluate The 2024 National Strategic Projects

10 hari lalu

Jokowi Gathers Ministers to Evaluate The 2024 National Strategic Projects

President Joko Widodo or Jokowi has convened a limited meeting on the National Strategic Project (PSN) at the State Palace in Jakarta on Monday, March


China Homelife Exhibition Opens Investment Potential in Indonesian Home Appliances, Furniture Sectors

10 hari lalu

China Homelife Exhibition Opens Investment Potential in Indonesian Home Appliances, Furniture Sectors

A number of Chinese companies expressed interest in investing in Indonesia after attending the China Homelife exhibition at JIExpo Kemayoran, Jakarta


BBN Airlines Indonesia Bags Rp96bn Investment

13 hari lalu

BBN Airlines Indonesia Bags Rp96bn Investment

BBN Airlines Indonesia, which has received a license to serve scheduled commercial flights, bagged an investment of US$6.2 million or Rp96.1 billion.


Jokowi Calls for Acceleration on Land Status Determination for IKN Investors

15 hari lalu

Jokowi Calls for Acceleration on Land Status Determination for IKN Investors

Jokowi chairs an internal meeting on accelerating land provision for investment in the Nusantara Capital City (IKN) today.


Minister Bahlil's Grease Money

20 hari lalu

Minister Bahlil's Grease Money

Investment Minister Bahlil Lahadalia has revoked mining permits and then reissued them. There are indications of illegal buying and selling of permits