JAKARTA : The Ministry of Finance is urged to immediately issue regulation on viability gap fund by the end of the year, to speed up the construction of five nation-scale project in 2012. “This regulation must be issued in the end of December to speed up those projects. Otherwise, there will be another delay,” Dedy Supriadi Priatna, a Deputy Minister of National Development Planning Agency, this week end. Some of the projects, under the acceleration and expansion of economic development masterplan MP3EI, are Lampung water supply worth US$50 million and Umbulan project US$300 million–US$500 million in Pasuruan, East Java. Next, Dedy who is in charge on infrastructure and utilities said Maros project US$50 million, railway infrastructure in Central Borneo US$1,5 billion–US$3 billion, and Ampo terminal US$50 million. Such regulation will allow private investors to obtain viability gap fund VGF in cash after the construction phase on infrastructure finished. The government must work hard in formulating the regulation to justify the lumpsum system. The fund will be given to projects that economically viable, but having profit gap under investor’s expectation.
Finance Ministry urged to issue regulation on MP3EI gap fund – Bisnis.com.
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