The mega project, included in the National Strategic Programme (PSN), aims to protect vulnerable coastal communities from rising sea levels.
“The Giant Sea Wall is a signature initiative of the President, designed to shield coastal populations from the impacts of climate change,” Hartarto said after a meeting with the Indonesian Chamber of Commerce and Industry (Kadin).
The government will pursue a public-private partnership (PPP) model for the megaproject, including collaboration with foreign investors, he added.
Indonesia is targeting potential investment from China, Japan, and South Korea, among other countries.
“We will offer several development phases to countries such as China, South Korea, Japan, and others in Europe,” he said.
Related news: Pantura Authority to offer solutions to Java's north coast protection
President Prabowo Subianto reportedly discussed infrastructure cooperation, including the Giant Sea Wall, with Chinese President Xi Jinping during their meeting in Beijing on Wednesday (Sept. 3).
The project is estimated to cost around USD80 billion, or Rp1.32 quadrillion.
To accelerate development, President Prabowo has formed the Pantura (North Coast) Authority, appointing retired Vice Admiral Didit Herdiawan Ashaf as its head.
Ashaf will oversee the implementation of the sea wall, which is planned to stretch approximately 700 kilometers from Banten to East Java. Initially proposed in 1995, the project had stalled for years before being revived as a national priority.
The Pantura Authority is also tasked with drafting a comprehensive roadmap for the protection and development of Java’s northern coastline.
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Translator: Nabil Ihsan
Editor: Rahmad Nasution
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