Government emphasizes infrastructure spending, again

The government appears to be more serious about infra..." /> Government emphasizes infrastructure spending, again

The government appears to be more serious about infra...">
Government emphasizes infrastructure spending, again

The government appears to be more serious about infrastructure spending this time around. The investment process for infrastructure projects are being channeled through the Investment Coordinating Board (BKPM) and processes streamlined. Projects that have been mentioned are a railway connecting Jakarta’s Soekarno-Hatta airport with the city (Rp 4.6 trillion), a 2,000 megawatt (MW) coal fired power plan in Central Java (US$3 billion), a coal railway in Central Kalimantan ($1.5 billion), an expansion for Jakarta’s Tanjung Priok Port (Rp 5 trillion) and Batam’s Batu Ampar Port, and an oil refinery project in West Java. Separately, with Bali recording a 9.5 percent increase in foreign visitors to 1.2 million for the first half of this year, Bali’s Ngurah Rai airport is getting a Rp 2 trillion face-lift.

To ensure sufficient funding for these projects, the government has set up an infrastructure financing company called, PT Indonesia Infrastructure Finance, jointly with the Asian Development Bank, International Finance Company and the German Investment Corp (DEG).
<span style="font-size: 14pt"><span style="font-weight: bold">Government emphasizes infrastructure spending, again</span></span><br /> <br /> The government appears to be more serious about infrastructure spending this time around. The investment process for infrastructure projects are being channeled through the Investment Coordinating Board (BKPM) and processes streamlined. Projects that have been mentioned are a railway connecting Jakarta&rsquo;s Soekarno-Hatta airport with the city (Rp 4.6 trillion), a 2,000 megawatt (MW) coal fired power plan in Central Java (US$3 billion), a coal railway in Central Kalimantan ($1.5 billion), an expansion for Jakarta&rsquo;s Tanjung Priok Port (Rp 5 trillion) and <span style="font-weight: bold">Batam&rsquo;s Batu Ampar Port</span>, and an oil refinery project in West Java. Separately, with Bali recording a 9.5 percent increase in foreign visitors to 1.2 million for the first half of this year, Bali&rsquo;s Ngurah Rai airport is getting a Rp 2 trillion face-lift.<br /> <br /> To ensure sufficient funding for these projects, the government has set up an infrastructure financing company called, PT Indonesia Infrastructure Finance, jointly with the Asian Development Bank, International Finance Company and the German Investment Corp (DEG).
KuKuKaChu: dangerously too sophisticated
Not sure if this is good or bad. It looks like just more people involved in the development and this will impact the initial cost and funding. I hope it works as this is also good for economic development in Indonesia. The more work there is here the better for all.
Not sure if this is good or bad. It looks like just more people involved in the development and this will impact the initial cost and funding. I hope it works as this is also good for economic development in Indonesia. The more work there is here the better for all.
Max Dean

"Life is like a boat, Without water it serves no purpose"
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