You are here

Indonesia Needs Rp 4.796,2 Billion for Infrastructure Development Funding

by Sebastianus Epifany Wednesday, November 30, 2016 - 17:45

JAKARTA - The government's focus on developing the infrastructure equally in the country requires the support of the private sector's role. It is considered very important, because a variety of infrastructure projects is costly, and is estimated to reach Rp 4.796,2 trillion for the 2015-2019 period.

It is presented by Indonesian Finance Minister Sri Mulyani in the seminar "Management Challenges of the state budget from Time To Time" in the Finance Ministry Building, Jakarta, Wednesday (30/11). As reported from, the need for these funds consist of spending needs ministries/agencies and regional transfer (APBN and APBD) reached USD 1.978,6 billion (41,3 percent), and State-Owned Enterprises (SOEs) to Rp 1.066,2 trillion (22,2 percent). Meanwhile, the remaining Rp 1.751,5 trillion (36.5 percent) is the participation of the private sector.

In the seminar, Sri Mulyani also expects the private sector to embody good governance in conducting their business by saying, "Be the private sector with good governance. The economy will be good if all the institutions efficient and have integrity."

Sri Mulyani hopes the private continue to innovate and creative in development. "They have an advantage because it has flexibility. If the government says as a challenge, they see it as an opportunity, " she said.

In addition, the former director of the World Bank also wants the private sector could be able to provide more employment. With more and more employment opportunities, the economy can be boosted. "If we talk about employment, that's what we expected from the private sector. Therefore, efficiency, competitiveness, and productivity are essential. We provide space for the private sector to emerge, "he explained.

Share this article: