According to ADB website, ADB has identified lack of infrastructure as a binding constraint in the development of Indonesian's economy. The government also shared the same views and estimated investment needs for infrastructure within 2010-2014 to be roughly US$ 214 billion. Limited fiscal space, however, led the government to look for more private participation in infrastructure projects. The Economic Master Plan for Acceleration and Expansion of Indonesia Economic Development, 2011-2015 (MP3EI) identifies national infrastructure projects that can accelerate and expand Indonesia's economy.
The capacity development technical assistance (TA) will help to improve debt management capacity of the West Java provincial government. The impact will be a more conducive environment for subnational bonds in Indonesia based on West Java as a role model for other SNGs. The outcome will be a well functioning debt management unit in West Java.
Project Officer: Rabin I. Hattari
Southeast Asia Department, ADB
No contact information provided at the time of disclosure.
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