"In the Java corridor, the focus will be on toll road and industrial center development. All programs are downstream and I myself will lead development in the second corridor of Java. More than 120 industries are ready for groundbreaking in 2012," he said here on Tuesday.
Investment meanwhile was estimated to be higher than initially predicted and the government had admitted the rise in the need for investment for the development of the six economic corridors.
"Indeed it is higher than initially predicted, far higher," the chief of the Task Force for the Java Corridor of the MP3EI, Dedy Priatna said not long ago.
Dedi said investment in the Java corridor would be needed for the development of food and beverage industries, motor vehicle and car industries and ship building industries.
In connection with that he would re-confirm and ask again the commitment of businesses or private sectors with regard to seek clear information about their investment.
Infrastructure development projects in the 2012 MP3EI would cost Rp350.1 trillion and ground breaking would be done on 73 of them.
From May in 2011 the MP3EI program has cost Rp461.6 trillion involving a total of 91 infrastructure and economic development projects.
The funds to be used for development projects in one would reach Rp1000 trillion in addition to funds from the national budget.
The funds for infrastructure development in 2011 from the national budget reach around Rp20.6 trillion. For 2012 they will reach Rp36.7 trillion.
For 2013 to 2014 the funds from the national budget for the MP3EI projects will reach Rp300 trillion.
So, from 2011 to 2014 total national budget funds for the MP3EI infrastructure projects would reach Rp363.5 trillion.
(T.KR-IAZ/H-YH/HAJM/S012)
Editor: Luki Satrio
Copyright © ANTARA 2011
