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Projects & Procurement

February 20 2018
Ammalia P Putri Updated rules on granting government guarantees in infrastructure sector

Indonesia - Ali Budiardjo, Nugroho, Reksodiputro

The Ministry of Finance has issued a regulation in order to implement provisions for the establishment of state-owned infrastructure guarantee corporations (BUPI). The regulation sets out more detailed provisions on government guarantees for infrastructure projects, as well as the nature, scope of and procedures governing such guarantees. A guarantee provided by a BUPI may cover infrastructure, political and default risks, among others.

Authors: Ammalia P Putri, Zefanya S Sahusilawane
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