Monday, May 6, 2013

Seven Percent Growth when better infra structure available

Chairman Of KADIN Bambang Suryo Sulisto (INTERMEDIATE PICTURES/Ismar Patrizki)

Indonesia has been in terms of macro is rated good but improvements in the financial and banking sectors also rated ignore infrastructure development are good and adequate.
Jakarta (Reuters)-the Chamber of Commerce and industry (Kadin) Indonesia said that the country's growth is expected to exceed seven percent annually when conditions improved with adequate infrastructure.

"It is often said that Indonesia could achieve growth of six percent with the condition of the infrastructure such as this. Moreover, the infrastructure facilities and the infrastructure which is available with either, then it could be more than that, "said the Chairman of Kadin Indonesia, Bambang Suryo Sulisto, in meetings and Commerce Infrastructure with the Field Editor, in Jakarta on Thursday.

According to Suryo, Indonesia need to catch-up in the construction of infrastructure and it can be achieved for example by considered Masterplan Acceleration and expansion of the economic development of Indonesia (MP3EI).

He contended, Indonesia has been in terms of macro is rated good but improvements in the financial and banking sectors also rated ignore infrastructure development are good and adequate. One of the problems of infrastructure, he said, is getting the special funds for infrastructure development in the country.

To that end, the Chairman of Kadin also stated the necessity of establishing a special bank financing infrastructure much needed given the infrastructure projects are generally done in a longer term or more than 10 years.

"If the banks at this time can only lend for short term with a high interest rate, how can it be used to build infrastructure," he asked.

He also said there should be an infrastructure bank, at the moment that can offer interest rates that are more affordable as a pioneer of declining interest rates.

Meanwhile, Kadin's Deputy Chairman Rachmat Gobel says Infrastructure Field, it has had a variety of strategies to accelerate the infrastructure of Indonesia.

"We've had a strategy even though it is known that this year and next year, Indonesia will enter the political temperature is memanasnya," said Rachmat Gobel.

Moreover, he said, the Government has said that the STATE BUDGET is not adequate to build up the infrastructure so that one way to resolve it is to invite investors from abroad.



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Title Post: Seven Percent Growth when better infra structure available
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Author: Mohammad Zulfi Satriawan

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