2022 State Budget: Fiscal Policy and Structural Reform
Government Financial Facilities for PPP Projects
Financial Facilities to Attract More Private Participation
More Funding Schemes are on the Pipelines
Viability Gap Fund
(VGF)
Project Development
Facility (PDF)
LCS
Government Guarantees (directly
by MoF or through IIGF)
(Limited
Concession
Scheme)
Project Financing funded by the private sector through
the granting of concessions for an operating asset
owned by the Government/SOE (based on the policy
of the Government) to the private sector to be
operated & managed.
•
•
Scheme Characteristics
Asset is owned by public sector
Operating asset, not greenfield project
Records positive cash flow for the last several
years
Predicted revenue
Availability Payment
Schemes
Financing from
PT. SMI and PT. IIF
Those financial facilities were instrumental in supporting the execution of PPP
projects, indicated by the signing of financial close
of the following PPP projects:
PINA
(Non-Government
Budget
Infrastructure
Financing)
Project Financing funded by any source of funds
other than Government's budget, e.g. long term
management funds (insurance, repatriated funds
from tax amnesty, pension funds, etc.), private equity
investors and infrastructure funds. Supported &
facilitated by National Development Planning
Ministry/Bappenas.
•
.
Scheme Characteristics
Asset is owned by private sector
Greenfield/brownfield / operating projects
Source: Ministry of Finance
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