Thursday, July 30 2015

Govt Ready To Launch Priority Project Worth IDR380 Trillion

Dimas Novita Sari, Arsyad Paripurna Thursday, November 14 2013, 8:52 am

JAKARTA--The government will soon launch 25 priority projects valuing IDR380 trillion with public private partnership (PPP).Hatta Rajasa, Coordinating Minister for Economic Affairs, said these projects will run effectively and gradually in 2014. “These are projects prepared by National Planning Agency ,” he said, Wednesday (11/13/2013).Without given further details about these projects, Hatta said all projects are able to meet economic and financial feasibility and they are not basic infrastructure.According to him, private party should be involved actively so that the government is expected to continue to innovate in formulating investment offering with PPP scheme, including provision of incentive in form of viability gap fund (VGF) that can increase internal rate of return (IRR) in a project.Another considerable incentive is to underwrite project from political and econ ...

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