Government Calls Water Infrastructure Investment Needs Reach 1.7 Trillion US Dollars Until 2030

Illustration (Photo: Doc. Antara)

JAKARTA - The government through the Coordinating Ministry for Maritime Affairs and Investment (Kemenko Marves) said that the need for water infrastructure investment will reach US$1.7 trillion by 2030.

Some of the water infrastructure in question are dams, pipelines, sanitation, and drinking water supply systems (SPAM).

"To achieve the safe, fair and affordable drinking water access target for all levels of society by 2030, we still need an additional investment of around US$1.7 trillion," said Deputy for Environmental and Forestry Management Coordination at the Coordinating Ministry for Maritime Affairs Nani Hendiarti at a press conference entitled "Water Security and Prosperity" online on Tuesday, January 9.

Nani also highlighted the infrastructure for drinking water access or piping systems that had not been fully fulfilled. This is because the government itself targets around 30 percent of people's drinking water to come from piped water.

However, until now the government has only been able to meet the needs of the community, which is around 20 percent.

"The investment development for special access to drinking water is only 20.6 percent. So, to increase it to 30 percent, around Rp123 trillion is needed. This is only piping access," said Nani.

According to Nani, the scale of investment needed in water fields varies from small scale in rural areas to large scale in urban areas.

"The government plans to raise these funds using a mixed finance scheme," he said.

Therefore, the government will hold the 10th World Water Forum on 18-24 May 2024 in Bali. WWF itself is targeted to be attended by 30 thousand people from 180 countries who are scheduled to attend 214 sessions during the event.

He assessed that there have been several countries that have expressed interest in investing in the water sector in Indonesia.

"We will hold a meeting session for investors so that after the 10th WWF is completed we can increase cooperation with strategic partners in accelerating the development of water infrastructure," he said.

The opening of the 10th World Water Forum or World Water Forum is known to be the first meeting for stakeholders in the management of water resources (SDA).

The World Water Forum itself is the largest cross-border forum in the world that focuses on discussing water issues and looking for global solutions as an answer to this.