The Launch of Creative Financing Regulations to Support National Infrastructure Development

The Launch of Creative Financing Regulations to Support National Infrastructure Development

Secretary of the Coordinating Ministry for Economic Affairs, Susiwijono Moegiarso, launched two new schemes for creative infrastructure financing

In realising adequate infrastructure availability, the Government of Indonesia is often faced with limited financing capacity. The government needs to develop all potential sources of income and financing based on creative financing to be sufficient the need for financing the provision of adequate infrastructure and sustainable. These efforts will support increased investment in infrastructure, which is not only vital for economic growth, but also to ensure the long-term sustainability of development.

Through the Indonesia-Australia Partnership for Infrastructure (KIAT), Australia is providing policy advice and best practice information to the Coordinating Ministry for Economic Affairs as they develop Limited Concession Scheme (LCS) and Land Value Capture (LVC) mechanisms. LCS and LVC are finance mechanisms which help and encourage private companies invest in public infrastructure.
 

The Embassy’s Minister Counsellor for Economic, Investment and Infrastructure, Simon Anderson, in his opening remarks conveyed Australia’s support to the Government in developing all potential sources of income and financing based on creative financing to be sufficient the need for financing the provision of adequate infrastructure.

Opening remarks by the Coordinating Minister for Economic Affairs of the Republic of Indonesia

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The Embassy’s Minister Counsellor and Senior Treasury, Cosimo Thawley, shares Australia’s best practices of LCS implementation and asset recycling

 
Source: Social media accounts of The Embassy of Australia - Jakarta

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