The private sector will cover at least 81.8 percent of the total investment figure, the ministry added.
Following the targets, the authority aims to utilize some alternative funding schemes, the ministry's Director of Under-Developed Region, Transmigration and Village Affairs, Velix Vernando Wanggai said in Jakarta.
The government will prompt private sectors, state-owned enterprises, and city-owned enterprises to set up collaborations in term of funding infrastructure projects, Wanggai explained.
Apart from a collaborative funding scheme, the authority will boost growth in several fields, including manufacture and tourism, the Ministry's Maritime Affairs and Natural Resources Deputy, Arifin Rudiyanto said.
However, the authority needs to simplify the regulations to attract more investors in the manufacturing industry, he added. (INE)
Related news: Indonesia to build sustainable economy: Sri Mulyani
Related news: Indonesia's economic growth in 2020 to reach 4.8 percent: Indef
Related news: Indonesia's economy forecast to record 5.05 percent growth in 2019