2022 State Budget and Fiscal Incentives Presentation slide image

2022 State Budget and Fiscal Incentives Presentation

... and has issued end-to-end regulations and supports to encourage PPP projects implementation 1 ! Public Private Partnership (PPP) Project Development Facility (PDF) Preparation Project development facility assists the Government Agency (GCA) in Contracting PPP project preparation (PDF&TA) Managing entity: KPPIP, PT SMI and PT IIF, Ministry of Finance Viability Gap Funding (VGF) Guarantee Scheme Tax Facilities Availability Payment Land Acquisition A facility which contributes to construction cost in order to increase project financial feasibility Managing entity: Ministry of Finance based on GCA proposal Govt's commitment: Max 49% per project cost Guaranteeing govt. contractual obligations under infra. concession agreements and MoF Reg. No. 130/PMK.08 /2016 re: Govt. guarantee for electricity project acceleration Managing entity: Indonesia Infra. Guarantee Fund (IIGF) and MoF Govt's commitment: US$ 450 Mil Bidding Process MoF Reg. No. 150/2018 allowed 100% Tax Holiday for 18 Pioneering Industries for 5 - 20 years depending on the investment value. The tax holiday is not only given to the new investments but can also be obtained by the existing taxpayers who want to expand their business. Managing entity: Ministry of Finance A scheme in which concessionaires receive periodic payments from central or regional government if the service standard is fulfilled. The MoF Regulation and MOHA Regulation on Availability Payment have been stipulated. Managing entity: Ministry of Finance Ministry of Home Affairs Construction A facility to support land acquisition for infrastructure projects particularly projects that involve private sector Managing entity: Ministry of Finance; Ministry of Agrarian and Spatial Planning/BPN, and BLU-LMAN Govt's commitment: US$ 1.2 Bio (2016) US$ 2.4 Bio (2017) US$ 2.6 Bio (2018) The Government has just issued GR No. 78/2019 regarding Tax Allowance Source: Committee for Acceleration of Priority Infrastructure Delivery (KPPIP) US$ 1.6 Bio (2019) Synchronization with 1 Online Single Submission (OSS) System 2 Additional positive list from 145 to 183 type of business sectors Certainty on specific 3 eligible assets allowed to obtain the incentives 187
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