PT PII Await Sri Mulyani's Decision In Project Guarantee At IKN

Minister of Finance Sri Mulyani (Photo; Doc. Antara)

JAKARTA - The government is boosting the development of the State Capital (IKN) in East Kalimantan. Meanwhile, PT Penjaminan Infrastruktur Indonesia (Persero) or PT PII as the underwriter at IKN revealed that until his party had prepared a guarantee scheme.

President Director of PT PII Muhammad Wahid Sutopo explained that his party had prepared an infrastructure project guarantee scheme at IKN which would be regulated through the Minister of Finance Regulation (PMK) and was just waiting for its execution.

"For IKN, the guarantee scheme has been prepared at this time. IKN has its own PMK scheme. Even though it has not yet been executed, the discussion has already begun," he explained at the Media Briefing event at the DJKN Building, Friday, December 8.

Sutopo said that his party would not guarantee all infrastructure projects in IKN. However, it will remain open to investors who want to be involved in IKN development.

"Indeed, not all of our infrastructure is involved, according to the government's needs," he said.

Sutopo explained that the guarantee of IKN projects in the Government Cooperation with Business Entity (PPP) scheme and currently development in IKN is dominated by basic infrastructure.

"Because indeed in terms of stages, this KPBU scheme will take place in the next stage after the basic infrastructure is implemented," he said.