{"id":95978,"date":"2016-07-19T12:04:43","date_gmt":"2016-07-19T05:04:43","guid":{"rendered":"https:\/\/setkab.go.id\/?p=95978"},"modified":"2016-07-21T16:34:47","modified_gmt":"2016-07-21T09:34:47","slug":"president-joko-widodo-encourages-private-parties-to-involve-in-development","status":"publish","type":"post","link":"https:\/\/setkab.go.id\/en\/president-joko-widodo-encourages-private-parties-to-involve-in-development\/","title":{"rendered":"President Joko Widodo Encourages Private Parties to Involve in Development"},"content":{"rendered":"<div id=\"attachment_95979\" style=\"width: 310px\" class=\"wp-caption alignleft\"><a href=\"https:\/\/setkab.go.id\/wp-content\/uploads\/2016\/07\/Masuk-Ratas-1.jpg\" rel=\"attachment wp-att-95979\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-95979\" class=\"wp-image-95979 size-medium\" src=\"https:\/\/setkab.go.id\/wp-content\/uploads\/2016\/07\/Masuk-Ratas-1-300x206.jpg\" alt=\"Masuk-Ratas (1)\" width=\"300\" height=\"206\" srcset=\"https:\/\/setkab.go.id\/wp-content\/uploads\/2016\/07\/Masuk-Ratas-1-300x206.jpg 300w, https:\/\/setkab.go.id\/wp-content\/uploads\/2016\/07\/Masuk-Ratas-1-150x103.jpg 150w, https:\/\/setkab.go.id\/wp-content\/uploads\/2016\/07\/Masuk-Ratas-1-768x527.jpg 768w, https:\/\/setkab.go.id\/wp-content\/uploads\/2016\/07\/Masuk-Ratas-1-1024x703.jpg 1024w, https:\/\/setkab.go.id\/wp-content\/uploads\/2016\/07\/Masuk-Ratas-1-600x412.jpg 600w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><p id=\"caption-attachment-95979\" class=\"wp-caption-text\">President Joko Widodo enters limited meeting room, followed by Minister of State Secretary and Cabinet Secretary, at the Presidential Office, Jakarta, on Tuesday (19\/7) afternoon<\/p><\/div>\n<p>President Joko Widodo firmly said that to move national economic wheel, the Government cannot do it alone. It needs private parties\u0092 involvement particularly in infrastructure development that now becomes the priority of the Government.<\/p>\n<p>\u0093Private parties\u0092 involvement in infrastructure development can alsobe found in other countries and their rate of involvement is around 22 to 40 percent,\u0094 the President said in his introductory remarks at a limited meeting discussing \u0093Companies Ready to Invest\u0094, at the Presidential Office, Jakarta, on Tuesday (19\/7) afternoon.<!--more--><\/p>\n<p>\u0093This kind of involvement needs to be encouraged because private parties are more flexible, agile, and have more opportunities to get fund from abroad,\u0094 the President said. Therefore, the Government will try to encourage private parties to involve in our infrastructure development.<\/p>\n<p>To attract them, according to the President, there are a number of policies that have been carried out but it needs to prepare more schemes so that they would be interested to invest.<\/p>\n<p>\u0093It needs investment climate support, such as regulations and deregulations that provideguarantee to business sector, provide great service that can give good incentives,\u0094 the President stated.<\/p>\n<p>If private parties cannot fully involve, they would be offered the next option, that is PPP (Public Private Partnership) and State\/Regional-Owned Enterprises cooperation with private parties. The PPP can also beused for critical infrastructures that basically are comercially feasible, but because of tariff determination, it needs support or incentive to guarantee the feasibility of the investment.<\/p>\n<p>\u0093The point is private parties involvement should be encouraged so that infrastucture development can be carried out faster and our national economic would be better,\u0094 the President said.<\/p>\n<p>The limited meeting was attended by Vice President Jusuf Kalla, Coordinating Minister for Political, Legal, and Security Affairs Luhut B. Pandjaitan, Coordinating Minister for the Economy Darmin Nasution, Coordinating Minister for Maritime Affairs Rizal Ramli, Minister of State Secretary Pratikno, Cabinet Secretary Pramono Anung, Presidential Chieff of Staff Teten Masduki, Minister of Finance Bambang Brodjonegoro, Minister of National Development Planning\/Head of National Development Planning Agency Sofyan Djalil, Minister of Defence Ryamizard Ryacudu, Indonesian National Police Chief Tito Karnavian, Minister of Manpower Hanif Dakhiri, Minister of Industry Saleh Husin, Minister of Trade Thomas Lembong as well as Minister of Energy and Mineral Resources Sudirman Said.\u00a0<strong>(FID\/SM\/DNA\/RHD\/ES)<\/strong><strong>(MMB\/YM\/Naster)<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>President Joko Widodo firmly said that to move national economic wheel, the Government cannot do it alone. It needs private parties\u0092 involvement particularly in infrastructure development that now becomes the priority of the Government. \u0093Private parties\u0092 involvement in infrastructure development can alsobe found in other countries and their rate of involvement is around 22 to [&hellip;]<\/p>\n","protected":false},"author":43,"featured_media":95979,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[77],"tags":[],"class_list":["post-95978","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v24.1 (Yoast SEO v26.1.1) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>President Joko Widodo Encourages Private Parties to Involve in Development - Sekretariat Kabinet Republik Indonesia<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/setkab.go.id\/en\/president-joko-widodo-encourages-private-parties-to-involve-in-development\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"President Joko Widodo Encourages Private Parties to Involve in Development - Sekretariat Kabinet Republik Indonesia\" \/>\n<meta property=\"og:description\" content=\"President Joko Widodo firmly said that to move national economic wheel, the Government cannot do it alone. It needs private parties\u0092 involvement particularly in infrastructure development that now becomes the priority of the Government. \u0093Private parties\u0092 involvement in infrastructure development can alsobe found in other countries and their rate of involvement is around 22 to [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/setkab.go.id\/en\/president-joko-widodo-encourages-private-parties-to-involve-in-development\/\" \/>\n<meta property=\"og:site_name\" content=\"Sekretariat Kabinet Republik Indonesia\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/id-id.facebook.com\/Setkabgoid\" \/>\n<meta property=\"article:published_time\" content=\"2016-07-19T05:04:43+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2016-07-21T09:34:47+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/setkab.go.id\/wp-content\/uploads\/2016\/07\/Masuk-Ratas-1.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"2579\" \/>\n\t<meta property=\"og:image:height\" content=\"1771\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Office of Assistant to Deputy Cabinet Secretary for State Documents &amp; 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