Indonesia Offers IDR 191 Trillion Infrastructure Projects to China

0
121
pu.go.id

JAKARTA, presidentpost.id – The Investment Coordinating Board (BKPM) offers infrastructure projects with a government and business partnership scheme (PPP) in Market Sounding activities for 90 Chinese investors.

Deputy for Investment Planning, Tamba P. Hutapea, explained that this step was an activity carried out by BKPM while visiting China.

“The total investment value of the infrastructure projects offered reached US $ 13.2 billion,” Tamba said in a BKPM written statement in Jakarta, Monday (8/27).

If converted to rupiah, the value of the project offered to China is around Rp 191 trillion (exchange rate of US $ 1 = Rp. 14,500)

BKPM’s visit to Guangzhou is the third market sounding activity in China after previously was held in Shanghai and Beijing.

He explained, his teamwork is working with the Consulate General of the Republic of Indonesia Guangzhou and is supported by China Export & Credit Insurance Corporation (Sinosure) during Market Sounding.

As one of the biggest cities, Guangzhou was chosen because it has excellence as one of China’s logistics nodes that has many global companies in the field of infrastructure.

“The Market Sounding activity in Guangzhou, China is carried out to offer IPP scheme power generation projects and toll road projects in several regions. In addition, PT. Penjaminan Infrastruktur Indonesia (PT PII) also complements the facility information for infrastructures projects KPBU scheme by presenting the guarantee that will be given by the government.

Tamba also added, “In an effort to provide infrastructure, the Government of Indonesia provides the widest possible opportunity to private parties from within and outside the country to participate in PPP infrastructure scheme projects because of government support in the form of guarantees and fiscal and non-fiscal facilities that can be utilized by investors.”

In fact, according to him, some of the companies have expressed interest in participating by investing and implementing the projects that offered.