This year, the Global Infrastructure Hub (GI Hub) again attended the Annual Meetings of the World Bank and IMF, held in Bali, Indonesia, alongside the meetings of G20 Finance Ministers and Central Bank Governors. Trade tensions dominated many of the multilateral meetings, with all sides calling for a workable solution to be found. The leaders and representatives of smaller nations among the G20 and the IMF and World Bank community were pointed in their remarks that escalation of tensions between major economic powers was already having exponentially greater impacts on smaller economies.
Communication throughout infrastructure project preparation should be recognised as a strategic activity. It should factor in the importance of all key stakeholder groups towards the project, tailor communicative actions to engage and inform them and foster a supportive environment.
Inadequate financing for project preparation can result in projects being taken to procurement without the requisite readiness, which can lead to cost and time overruns during implementation, or a project that is not well-suited to the needs of the public.
The International Air Transport Association (IATA) is the global trade association for the airline industry
The International Air Transport Association (IATA) is the trade association for the world’s airlines, representing some 265 airlines or 83% of total air traffic. We support many areas of aviation activity and help formulate industry policy on critical aviation issues.
This Fifth edition of the PwC Indonesia “Power in Indonesia: Investment and Taxation Guide” has been written as a general investment and taxation guide for all stakeholders and those interested in the power sector in Indonesia.
VGF is a government support in the form of contribution of some of the construction cost, given in cash to a PPP project that already economically viable but has not had a financial feasibility.
Infrastructure guarantee is a guarantee given on GCA’s financial obligation to pay compensation to the project company in the occurence of infrastructure risks which has become GCA’s responsibility based on risk allocations agreed in the PPP agreement.
Committee for Acceleration of Priority Infrastructure Delivery (KPPIP).
On December 30, 2009 the Government of Indonesia has established Indonesia Infrastructure Guarantee Fund or IIGF, as a State-Owned Enterprises (SOEs) under the Ministry of Finance which is responsible for providing government guarantees for infrastructure projects developed under the Public Private Partnership (PPP) scheme.
The Independent Power Producers Association of Indonesia (“APLSI”) and PwC Indonesia (“PwC”) spearheaded the preparation of this report, “Alternating Currents: Indonesian Power Industry Survey 2018”, based on a survey of stakeholders in the Indonesian power industry.
Although Indonesia’s PPP regulations date back to 2005, initially the number of actual project transactions between the government and private sector was very limited. The private sector’s interest in Indonesian projects was constrained by three main factors; the low quality of project preparation, low financial feasibility of projects (particularly those related to the determination of tariffs) and uncertainty related to the political risk of projects.
Ministry of Finance Republic of Indonesia
Indonesian Ministry of Finance officials visiting Australia met with the GI Hub in Sydney today for discussions on infrastructure.
PT Sarana Multi Infrastruktur (Persero) is an infrastructure financing company with 100% shares owned by the Government of Indonesia through the Minister of Finance Republic of Indonesia.