double-skinned crabsVietnamese crab exportergood crabexellent crab

Government Targets Completion of 41 National Strategic Projects by 2024, Removes 12

Ichsan Ali & Arnoldus Kristianus
February 8, 2024 | 10:33 am
SHARE
President Joko "Jokowi" Widodo and Public Works Minister Basuki Hadimuljono inspect the Nusantara toll road project in Balikpapan, East Kalimantan, on Nov. 1, 2023. (Antara Photo/Hafidz Mubarak)
President Joko "Jokowi" Widodo and Public Works Minister Basuki Hadimuljono inspect the Nusantara toll road project in Balikpapan, East Kalimantan, on Nov. 1, 2023. (Antara Photo/Hafidz Mubarak)

Jakarta. The government aims to wrap up 41 National Strategic Projects (PSN) by the year 2024, while concurrently removing 12 projects from the PSN list.

Suroto, a deputy at the Coordinating Ministry for Economic Affairs, said the progress of PSNs depends on the timely completion of financing, land acquisition, and necessary permits within the current year.

"The execution of PSNs contributes to job creation, increased value-added, and economic growth. From 2016 to 2023, 2.71 million direct job opportunities were generated across 190 projects," Suroto said during a press conference on Wednesday.

The Ministry records show that as of December 2023, a total of 190 PSNs had been completed since the inception of the program in 2016, with a cumulative project value of Rp 1,515.4 trillion ($96.78 billion).

ADVERTISEMENT

Specifically for 2023, 37 PSNs were completed with a budget reaching Rp 475.4 trillion. These projects include seven dams, three ports, five toll roads, four industrial zones, five railways, three airports, one energy project, one education project, one technology project, five border crossing posts, and two electricity projects.

"During 2023, 37 projects were completed, surpassing our target from the previous year," added Suroto.

The collective value of strategic projects slated for completion this year is expected to consume a budget of approximately Rp 499 trillion. Among the notable projects are:

  1. Cimanggis - Cibitung Toll Road: Rp 4.5 trillion
  2. Kisaran - Tebing Tinggi Toll Road Phase 1 (Kisaran - Indrapura): Rp 6.07 trillion
  3. Sigli - Banda Aceh Toll Road: Rp 16.5 trillion
  4. Benoa Maritime Tourism Hub: Rp 6.14 trillion
  5. Leuwikeris Dam, West Java: Rp 2.04 trillion
  6. Way Apu Dam, Maluku: Rp 1.6 trillion
  7. Jragung Dam, Central Java: Rp 2.8 trillion
  8. Development of Teluk Palu Port: Rp 1.16 trillion
  9. Bantaeng Industrial Zone, South Sulawesi: Rp 155 trillion
  10. Indonesia Pomalaa Industry Park, Southeast Sulawesi: Rp 100 trillion

Simultaneously, the government decided to remove 12 projects from the PSN list after receiving input from relevant ministries. This removal has been approved by President Joko Widodo.

"As of the second semester of 2024, there has been no progress on these projects. The proposal to remove them from the PSN list has received the president's directive," said Suroto.

Despite being removed from the PSN list, the 12 projects will still proceed under the oversight of the relevant ministries. They will be executed as part of each ministry's regular program, without the benefits provided by the PSN status.

The facilities provided under PSN status include streamlined permitting processes and non-permitting measures to accelerate planning, preparation, transactions, construction, and operational control, along with financing mechanisms and fiscal incentives.

Here is the list of the 12 projects removed from the PSN:

  1. Jakarta-Surabaya Semi-High-Speed Train
  2. Provision of Raw Water in Sidan, Bali Province
  3. Rantau Prapat-Kisaran Toll Road
  4. Langsa-Lhokseumawe Toll Road
  5. Lhokseumawe-Sigli Toll Road
  6. Dumai-Sp Sigambal-Rantau Prapat Toll Road
  7. Muara Enim-Lahat-Lubuk Linggau Toll Road
  8. Drinking Water Supply System (SPAM) Djuanda/Jatiluhur II, West Java - DKI Jakarta
  9. SPAM Jatigede, West Java
  10. SPAM Kamijoro, DIY Yogyakarta
  11. New Ambon Port
  12. Tanggamus Industrial Zone, Lampung

Tags: Keywords:
Google Add Investor.id as a preferred source on Google +
SHARE

Related Articles


News Jun 23, 2026 | 1:35 pm

Prabowo Inaugurates 1,151 km of Regional Roads Across 37 Provinces

Prabowo inaugurated 1,151 km of regional roads across Indonesia, calling infrastructure key to economic growth and connectivity.

The Latest


Business 4 hours ago

Indonesia Records Rp 1.54 Quadrillion in Investment Through September

Cumulative investment since President Prabowo Subianto took office on Oct. 20, 2024, had reached approximately Rp 3.92 quadrillion.
News 4 hours ago

UN Boss Wants to Fix Security Council as Indonesia Seeks Seat

Outgoing UN chief Guterres says the current permanent member setup at the Security Council fails to reflect today's realities.
News 4 hours ago

Saudi Flagship Investment Conference Pushed to 2027 after Houthi Attacks

The annual Future Investment Initiative (FII), often dubbed "Davos in the Desert", was originally scheduled to take place from October 26-29
Business 5 hours ago

Government Sets Aside Rp 1.3 Quadrillion for Final-Quarter Spending

Government spending has reached Rp 2.66 quadrillion, equivalent to 69.2% of the full-year budget target of Rp 3.84 quadrillion.
News 5 hours ago

Indonesia Probes 98 Corporate Wildfire Cases, Including Possible Foreign Links

Police investigate 98 corporate-related wildfire cases, including possible links to investors from neighboring countries.
COPYRIGHT © 2026 JAKARTA GLOBE. ALL RIGHTS RESERVED