REPUBLIKA.CO.ID, JAKARTA - Indonesian needs for infrastructure was quite big, but government's ability to finance the building of infrastructure from state budget was limited, the Minister of National Development Planning Armida Salsiah Alisjahbana said. Government invites Japan Bank for International Cooperation (JBIC) to encourage Foreign Direct Investment (FDI) from Japan to invest in Indonesia, especially in industry manufacturing.
"Building infrastructure can also be conducted through alternative financing resources, such as Public Private Partnership," Armida said on Tuesday.
The National Development Planning Board (Bappenas), she said, had discussed with JBIC to find the solution of infrastructure financing. She said that Japan would also get the benefit in economy from the investment amid the yen daka (yen appreciation), a high value of yen against USD. Armida expects FDI Japan focus on outside Java Island since the opportunities in Java is getting more limited.
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