Jakarta, (Antara Sumbar) - Minister of National Development Planning and Head of the National Development Planning Board (Bappenas) Bambang Brodjonegoro said investment opportunity is open in financing urban infrastructure projects.
Bambang speaking at Deloitte Indonesia Infrastructure CEO Forum 2017 here on Thursday, said in 2012, around 50 percent of the country's population lived in urban areas and the percentage is expected to continue to rise to reach more than 70 percent in 2030.
"It is something that we could not avoid. Therefore, rather than debating over how to curb urbanization, we better face the process as urbanization is also a source of economic growth," he said.
He said one sector most potential problems in urban areas is public transportation that need infrastructure .
"There are 87 million motorcycles jamming the streets because of limited public transport facility," he said.
Public transportation in urban areas needs to be developed. Railway transport with elevated track is more recommendable than buses as it could reduce the traffic jams.
Unfortunately construction of the public transport infrastructure projects still uses limited fund from the state budget. The government, therefore, began to adopt Transit Oriented Development (TOD) to increase the role of the private sector.
"TOD is good not only for transport access but it would make cities sustainable as center of activities in urban area could spread not centered as it is now causing traffic jams," he said.
He said Public Private Partnership (PPP) combined with TOD would be a solution to problem in urban infrastructure finance.
"Urban infrastructure like this would open a highly profitable investment in the future in Indonesia after investment in the mining, agriculture and service sectors," he said. (*)
Editor: Vicha Faradika
Berita Terkait
Road infrastructure development become priority for advancing Nagari Garabak Data: Nasrul Abit
Rabu, 12 Agustus 2020 17:23 Wib
Dharmasraya obtain DAK of Rp. 3.5 billion to build the tourism infrastructure
Rabu, 29 Januari 2020 12:09 Wib
Infrastructure Development Acceleration Requires Private Role: Governor
Senin, 16 April 2018 22:06 Wib
Padang Prioritised Economic, Socio-cultural, Infrastructure
Selasa, 20 Maret 2018 22:06 Wib
Small Packages Dominated S Solok Infrastructure Project
Rabu, 7 Maret 2018 23:13 Wib
Pariaman To Complete Floating Dock Infrastructure in Tangah Island
Kamis, 11 Januari 2018 17:43 Wib
Indonesia Right In Main Infrastructure Development, Rector Said
Minggu, 19 November 2017 8:46 Wib
Padang To Accelerate Flood Control Infrastructure Development
Rabu, 8 November 2017 10:23 Wib