Jakarta giving private sector priority for infrastructure projects
Most bankable schemes should be financed by private firms, ministers told
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Jakarta
NEEDING some US$450 billion for Indonesia's infrastructure by 2019, new President Joko Widodo has ordered ministers to give private investors first pick of money-making projects rather than let state agencies grab them as they usually do.
Mr Joko will have to change entrenched attitudes at government ministries and state-owned enterprises, who have a vested interest in keeping the best projects for themselves.
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