Minister Of Public Works Encourages Private And Foreign Sector To Build RI Infrastructure Through The KPBU Scheme

Illustration. (Photo: Doc. Antara)

JAKARTA - Minister of Public Works (PU) Dody Hanggodo encourages private and foreign investment for infrastructure development through the Government and Business Entity Cooperation (KPBU) scheme.

Dody emphasized that infrastructure development should not be stopped just because of budget constraints.

"According to the President's direction, we continue to encourage investment through the KPBU scheme so that development continues to run optimally. Collaboration with the private sector allows strategic infrastructure projects to be realized more quickly and efficiently," he said in Jakarta, quoted by Antara, Tuesday, February 11.

The Ministry of Public Works (PU) continues to be committed to carrying out national infrastructure development by optimizing the Government and Business Entity Cooperation (KPBU) scheme.

This scheme is a strategic solution in dealing with APBN budget constraints as well as opening up investment opportunities from the private and foreign sectors to accelerate quality infrastructure development.

As part of the creative funding strategy, the Ministry of Public Works has set an infrastructure development target through the KPBU scheme in the 2025'2029 period worth 544.48 trillion.

This plan includes the construction of 11 water resource projects, 23 toll road and bridge projects, and 11 residential projects. With the involvement of the private sector, it is hoped that these projects can be realized more optimally, both in terms of funding and implementation efficiency.

Through KPBU, the government opens space for the business world to contribute to infrastructure development while still prioritizing benefits for the community. With a more flexible financing model, the government continues to act as a regulator and supervisor to ensure the quality and sustainability of the projects being carried out.

One of the infrastructure sectors that is a priority for investment is the construction of dams, reservoirs, toll roads, and bridges. This infrastructure not only supports water security and national connectivity, but also has a significant economic impact.

Dams and reservoirs contribute to food and energy security, while toll roads accelerate logistics distribution and increase economic competitiveness.

"KPBU is not only a matter of funding, but also an effort to encourage innovation and strengthen the soft-skill and hard-skill national workforce. With a strong synergy between the government and the business world, we are optimistic that infrastructure development will be more qualified and increase Indonesia's competitiveness at the global level," said Dody.

With the opening of investment opportunities and efforts to increase funding, it is hoped that the infrastructure sector in Indonesia will continue to develop in supporting national economic growth and community welfare.