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CDIA and PT SMi Offer Linking to Finance Training Course in Indonesia

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Indonesian cities, like other cities in the world are facing enormous challenges in satisfying the huge demand for urban infrastructure. Due to decentralization processes, local governments are increasingly responsible for financing the infrastructure needs despite their limited capacity to perform the new functions. While there is a wide range of potential financing sources, the capacities of Indonesian cities to make use of these opportunities must be strengthened.

That is why CDIA, in cooperation with PT Sarana Multi Infrastruktur (PT SMI) conducted the “Linking Cities’ Infrastructure Investment Projects to Finance” training course in Makassar, Indonesia on 29 November – 01 December 2016.

The course was designed to teach participants about financing modalities and infrastructure funding sources. It further gave representatives from five cities – Kutai Timur, South Tangerang, Tanjung, Pinang, Situbondo, and Palu – the opportunity to present their respective infrastructure projects that they wish to bring to funding. Their projects were discussed and given some advice on how to go about with these projects.

A total of 19 attendees, representing 10 regencies/cities, participated in the three-day interactive knowledge-sharing seminar with discussions and practical exercises, and sharing of experiences and lessons on public-private partnership initiatives in Indonesia.

The course was conducted by Mr. Dodi Miharjana with further inputs from staff members of CDIA (Mr. Stuart King and Mr. Thomas Hagedorn) and PT SMI (Mr. Pradana Murti and Mr. Wismonto).

The Linking to Finance training course followed a previous one, which was held in Surabaya, Indonesia last 27-29 July 2016 wherein representatives of 11 cities/regencies participated in the event.

As a preview, there are two courses planned in Indonesia this year, one in the eastern part of the country and the other one in Sumatra or Borneo islands. Interested municipalities may contact vicky@ptsmi.co.id for more details.

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