President Joko “Jokowi” Widodo has signed Presidential Regulation Number 32 of 2020 concerning Infrastructure Financing Through Limited Management Rights. Through this policy, private sectors will allow managing government projects.
This financing scheme is also expected to become a new funding source option by utilizing existing assets. The president has signed the regulation on Feb. 18 and this regulation has been enacted since it was promulgated.
Based on regulation, the state and state own enterprises (SOEs) assets could manage by the business entity in the form of transportation infrastructure, including ports, airports, railways, and bus terminals. Then, toll road infrastructure, water resource infrastructure, drinking water infrastructure, waste water management system infrastructure, waste management system infrastructure.