据《雅加达邮报》10月27日报道,政府致力于通过一项法案以作为对全国基础设施融资制度全面改革的法律依据,以帮助全国各地加快发展。财政部国有资产司司长Vincentius Sonny Loho说希望在11月份在完成草稿,这时他将提交众议院进一步审议。
The government is working on a bill to serve as a legal basis for an overhaul of the country’s infrastructure financing system to help speed up development across the country.
Finance Ministry director general for state assets Vincentius Sonny Loho said he hoped the draft would be completed by November, at which point it would be submitted to the House of Representatives for further deliberation.
“We are pushing the draft to the House through the State Secretariat and we hope we can complete it by the end of this month, so that it can be included in the 2016 National Legislation Program [Prolegnas],” Sonny said at a discussion entitled “Mobilizing Investment for Infrastructure Development”, which was jointly held by infrastructure financing firm Sarana Multi Infrastruktur (SMI) and The Jakarta Post on Monday.
The bill, known as the Indonesian Infrastructure Financing Agency (LPPI) bill, will help overhaul the country’s infrastructure financing system and create a new “infrastructure bank” with greater financing authority and capacity; the new entity is expected to have total capital of Rp 25 trillion (US$1.83 billion).
The bill is expected to provide a legal basis for the merger between SMI and state investment unit Pusat Investasi Pemerintah (PIP).During the state budget deliberation, the House approved the revised 2015 state budget, including an allocation of Rp 20.3 trillion in capital injections (PMN) to SMI.
The allocated capital injection for SMI comprises Rp 2 trillion in fresh funds and Rp 18.3 trillion of PIP’s current idle assets as part of the country’s infrastructure financing overhaul.“The new agency, LPPI, is expected to start operating in 2017 if we can complete the bill on schedule by the end of next year,” Sonny said, adding that the government was also preparing the agency for its ultimate purpose of participating in the financing of large-scale projects.
The grand design, which will be set out in a government regulation (PP), will enable the agency to tap funds from global and domestic-multilateral sources, although the loan scheme will still be under the auspices of the Finance Ministry.
The agency will then channel the funds to wholly-owned state enterprises to cut the current costly and time-consuming procedures, which require multilateral financing schemes to be signed through a government-to-government (G-to-G) scheme before being channeled to SMI.
“The new agency would be able to issue bonds with incentives, such as tax exemptions and interest-rate subsidies, while also looking at alternatives for funds, such as securitization and equity investment,” Sonny said.In a bid to boost economic growth, Indonesia is looking for a total of Rp 5.5 quadrillion in investment for infrastructure projects in the next five years, according to the 2015-2019 National Mid-Term Development Plan (RPJMN) released by the National Development Planning Board (Bappenas).
SMI president director Emma Sri Martini said the new agency would have a greater capacity to expand its financing to regional administrations and regional-owned enterprises so as to solve infrastructure bottlenecks in the provinces.“We’ve already booked some pipeline projects with regional administrations, largely related to social-based infrastructure, such as hospitals, public roads and schools, as well as water management and sanitation,” she said after the event.
The company expects to book total financing commitment worth Rp 12 trillion by the end of the year, which Emma claimed could help create knock-on effect projects worth Rp 100 trillion.