JakartaGlobe-Feb 8
The government aims to wrap up 41 National Strategic Projects (PSN) by the year 2024, while concurrently removing 12 projects from the PSN list. Suroto, a deputy at the Coordinating Ministry for Economic Affairs, said the progress of PSNs depends on the timely completion of financing, land acquisition, and necessary permits within the current year. The Ministry records show that as of December 2023, a total of 190 PSNs had been completed since the inception of the program in 2016, with a cumulative project value of Rp 1,515.4 trillion ($96.78 billion). Specifically for 2023, 37 PSNs were completed with a budget reaching Rp 475.4 trillion. These projects include seven dams, three ports, five toll roads, four industrial zones, five railways, three airports, one energy project, one education project, one technology project, five border crossing posts, and two electricity projects. “During 2023, 37 projects were completed, surpassing our target from the previous year,” added Suroto. The collective value of strategic projects slated for completion this year is expected to consume a budget of approximately Rp 499 trillion. Simultaneously, the government decided to remove 12 projects from the PSN list after receiving input from relevant ministries. This removal has been approved by President Joko Widodo. Despite being removed from the PSN list, the 12 projects will still proceed under the oversight of the relevant ministries. Read more at: https://jakartaglobe.id/news/government-targets-completion-of-41-national-strategic-projects-by-2024-removes-12
