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Bank Indonesia Governor has asserted that private infrastructure financing could boost growth to 6.5%

Bank Indonesia Governor Perry Warjiyo has asserted that private infrastructure financing could boost growth to 6.5%. “‘If infrastructure financing is sourced from private companies, foreign capital will enter,’ he added. ‘This is [part of] the BI and OJK’s [Financial Services Authority] concrete steps toward narrowing the current account deficit, while at the same time, boosting growth in the medium and long terms,’ said Perry.”

ASEAN needs well-paid bankers

Indonesian Investment Minister Thomas Lembong “[says] well-paid bankers hold the key to solving infrastructure-funding problems across the region. (…) ‘[Indonesian President Joko Widodo] believes that the key to moving the money from here to there is securitization,’ he said, noting that it was something ‘Australia knows very well how to do,’ citing the Sydney airport privatization.”

Source: Financial Review