Airlangga Says 170 PSN Worth IDR 1,299 Trillion Has Been Completed

Coordinating Minister for the Economy Airlangga Hartarto reported the development of the National Strategic Project (PSN) to President Jokowi in a limited meeting at the Merdeka Palace on Thursday, October 5, 2023. Airlangga said, as many as 170 PSN had been completed.

"So it was reported to the president that as of October 4, 170 PSNs have been completed with an investment value of Rp. 1,299.41 trillion and 61 projects are in the construction stage," said Airlangga, quoted from the Presidential Secretariat's YouTube, Saturday, October 7.

Airlangga added, until 2023, 17 projects have been completed with an investment value of IDR 259.41 trillion.

"The Jakarta-Bandung High Speed Train project is worth IDR 125.7 trillion, IDR 29.9 trillion for LRT, then various industrial areas, as well as Cinere-Jagorawi, Serpong-Cinere, and Pasuruan Toll Road dams and Toll Roads," he said.

He also said that currently there are 16 projects that have not been inaugurated and will be completed. The project has an investment value of IDR 179.46 trillion.

"The project includes the Kisaran-Tebing Tinggi Toll Road, Likupang Port, Makassar New Port, Liquefied Natural Gas (LNG) Train 3 in West Papua, Multifunction Satellite Project, LNG Tangguh Project, and several other dams," said Airlangga.

In addition, Airlangga said, there are still 25 PSN with an investment value of IDR 151.58 trillion which will be completed until October 20, 2024. The project consists of toll roads, industrial areas, airports, Benoa Tourism, and Islamic University campuses.

"Meanwhile, between October 20 and December 2024, there are 12 PSN with a value of Rp. 23.45 trillion," he said.

Furthermore, said Airlangga, there are 42 PSNs that will be completed above 2024. The investment value of the project reached Rp1,427.36 trillion. "Because the nature of the project is already running and the financials are closed, of course this project continues until it is finished," he concluded.