RI Investment Body Helps Acceleration of 15 Infrastructure Projects

Jakarta - The National Investment Coordinating Board (BKPM facilitated the acceleration of the development of 15 infrastructure projects worth Rp100.66 trillion last year. Of the 15 infrastructure projects, five projects used a government-private scheme, Fritz Silalahi, the BKPM's investment infrastructure planning director, said here on Monday. The five projects are PLTU 2 x 1.000 MW in Central Java, Cruise Tanah Ampo terminal project, Soetta-Manggarai railway project, Medan-Kualanamu toll project, and Umbulan clean water poject, with total investment worth Rp54.52 trillion. The Indonesian investment body has offered various infrastructure projects to receive capitals from abroad, he said. The Indonesian government has been focusing on its priority infrastructure development program called the Indonesian Economic Development Acceleration and Expansion Master Plan (MP3EI) 2011-2025. Being designed as part of the agenda of "development for all" and considered as a strategic breakthrough, the MP3EI is expected to help address the development disparity that for a long time has become a trap hindering the realization of equitable distribution of development throughout the country. Under the Master Plan, the government is accelerating and expanding development in six economic corridors in the country to stimulate the emergence of economic centers in each corridor and promote regional connectivity in this nation consisting of 17,508 islands.(*)