The Coordinating Ministry for the Economy has unveiled a comprehensive report revealing 96 National Strategic Projects (PSN) poised for continuation by the subsequent administration.
Sixteen of these 96 PSNs are newly sanctioned initiatives this year to join the 80 ongoing endeavors from previous years, scheduled for culmination post-2024.
Susiwijono Moegiarso, Acting Deputy for Regional Development and Spatial Planning at the Coordinating Ministry for the Economy, disclosed that a significant portion of the 16 freshly endorsed PSNs has commenced the groundbreaking process.
However, Susiwijono cautioned that adjustments to the list of projects continued by future governments remain plausible.
“We will meticulously assess each project against our criteria, eliminating those failing to meet the standards,” Susiwijono said on Tuesday, May 14, 2024.
The lifecycle of project implementation entails three phases: preparation, construction, and completion. To ascertain project continuity, the government has established four criteria, encompassing securing permits and land acquisitions, financial closure, groundbreaking, and construction completion.
Susiwijono underscored the importance of promptly evaluating the 233 active PSNs by the conclusion of June 2024, emphasizing the necessity to avert stagnant projects that may encumber forthcoming administrations.
In contrast, Susiwijono aims to conclude 41 PSNs this year. Of these, 21 projects are slated for completion by September 2024, with the remaining 20 earmarked for conclusion in October-December 2024.
Wahyu Utomo, Deputy for Regional Development and Spatial Planning at the Ministry, previously underscored the collective value of the 41 PSNs at Rp 500.07 trillion (US$31.12 billion).
It is anticipated that 32 PSNs expexted to be finalized before October 20, 2024, will account for Rp 489.49 trillion, while those concluded under subsequent administrations will total Rp 10.58 trillion.
The most financially significant among these national strategic projects is the Bantaeng Industrial Area construction in South Sulawesi, valued at Rp 155 trillion.
Conversely, the development of Sorong Port, valued at Rp 121.9 billion, stands as the least expensive project and is slated for completion in November 2024.
During Wahyu’s presentation, particular emphasis was placed on dam projects as a predominant category among those slated for conclusion under future governments.
Notable among these are the Marangkayu Dam, Tigadihaji Dam, Bener Dam, Bagong Dam, Budong-Budong Dam, and Rukoh Dam.
This year, 14 dam projects are anticipated to reach completion, contributing to a cumulative total of 61 dams constructed between 2015 and 2024.
