VOI - Voice of Indonesia | RRI - Radio Republik Indonesia

Infrastructure and economy have strong relations. Infrastructure is to not only create economic growth, but also to fasten transformation to be developed country. This was stated by Deputy Minister for Coordination of Infrastructure and Regional Development, at the Coordinating Ministry for the Economy, Wahyu Utomo to media on the sidelines of the 3^rd Thee Kian Wie Lecture Series, Infrastructure Development of Indonesia in Jakarta on Wednesday (25/04). He said that to get economic value, Indonesian government must apply Limited Concession Scheme -LCS to private sectors.

 “Limited Concession Scheme has several projects. We want to try to give asset management to private sectors. They buy the rights to manage assets; they must give compensation to government by off-road payment used to build other new infrastructures. We have sent Presidential Regulation to Cabinet Secretary and let us see the realization,” Wahyu Utomo said.

Meanwhile, acting Chairman of Indonesian Institute of Science (LIPI), Bambang Subiyanto said that through infrastructure development, Indonesia must be able to encourage competitive edge and boost economy. He further explained that Indonesia needs to learn about economic management, because historically, error in good economic management will result in multi-dimensional crisis. (VOI/AF/RHM)