Indonesia’s National Strategic Projects Worth Over Rp 4.8 Trillion

The objective behind Indonesia’s national strategic projects is to move the engines of economic growth of villages and central locations.

The 211 projects and programs will be backed by the country’s Job Creation Law once it is implemented.

Amid the Covid-19 crisis that has severely slowed down the Indonesian economy and pushed up unemployment rates, starting the PSN is aimed to create more job opportunities.

The government estimates that as many as 878,000 construction jobs will be available next year and another 938,000 construction positions in 2022 once the PSN starts.

“In 2021, we will accelerate Indonesia’s national strategic projects and aim to finish 38 projects with an investment value of Rp 464.4 trillion. By speeding up the process, our goal is to boost the Indonesian economy through increased investment, absorbing the labor market, and through the recovery of industries and the tourism industry,” stated Airlangga.

(Writer: Mutia Fauzia | Editor: Yoga Sukmana)

Source: https://money.kompas.com/read/2020/11/27/161437726/pemerintah-tetapkan-201-proyek-strategis-nasional-dengan-nilai-rp-48097