Indonesia Needs Private Funding for 70% of Infrastructure
This article is for subscribers only.
Indonesia’s government said it can only directly fund 30 percent of its infrastructure program for the next five years, and is relying on state-owned enterprises and private investors for the rest.
The government will focus on building transport infrastructure outside the country’s most populous island of Java, and rely on private investors to take on projects such as ports on Java, Sugihardjo, a senior official at the Ministry of Transportation, told a business gathering in Jakarta late Thursday.