Regulations Key to Infrastructure, Analyst Says
Muhamad Al Azhari & Dion Bisara | July 12, 2009
Related articles
Analysis: Singapore Faces Growing Pains as Setbacks Pile Up 9:12pm Feb 5, 2012
SBY Calls on Muslims to Follow Muhammad in Respecting Harmony 4:49pm Feb 5, 2012
UN Chief Ban Ki-moon to Attend Reunion in W. Java 3:26pm Feb 3, 2012
Pertamina’s $1.96b Spending Plan to Boost LNG Output 9:19pm Jan 29, 2012
Aborted Tender Leaves Bidders Furious at Govt 8:54pm Jan 29, 2012
Post a comment
Please login to post comment
Comments
Be the first to write your opinion!
The country needs leaders who can create a sustainable regulatory framework to guide the speedy development of infrastructure, rather than decision-makers who act quickly but put the country at risk in the process, a prominent analyst said.
Lin Che Wei, an analyst at PT Independent Research & Advisory Indonesia, said Boediono, the incoming vice president and former governor of the central bank, was one person capable of designing a master plan for the country’s ailing infrastructure.
“A lot of people believe Indonesia needs a breakthrough, someone who can push a project through,” Lin said.
“Keep in mind that at the same time, the country is adopting very stringent anticorruption measures. As a result, no government officers will dare to make any breakthrough.”
For this reason, “having a regulatory framework for infrastructure development is key,” he said.
Because of the poor quality of its infrastructure, Indonesia fell two spots to 53rd in the 2009 World Competitiveness Yearbook, based on a survey conducted by the Switzerland-based Institute for Management Development.
President Susilo Bambang Yudhoyono’s administration has been accused of not doing enough to develop infrastructure, while Boediono has been criticized by political opponents for being too focused on policy and lacking the skills to guide a project.
But Lin said that it was often better to avoid making a decision than to make a bad one.
“Making a decision is very easy, especially if you don’t consult with anyone,” he said. “You just make a decision and face the consequences later. But at the same time, it is very difficult to unwind the impact of a bad decision.”
Lin said Boediono had a tendency to avoid political disputes. “If there is a dispute, he’d prefer to focus on policy rather than people,” he said.
Bambang Susantono, a deputy minister in the Coordinating Ministry for Economic Affairs, on Thursday promised that the next administration would focus on infrastructure development.
He said the country had largely neglected infrastructure spending for more than a decade. Infrastructure spending accounts for about 2 percent to 3 percent of GDP, he said, while the international standard is between 4 percent and 5 percent.
He said that the government would prioritize spending on roads, shipping infrastructure, railways, basic water supplies and sanitation facilities.
Bambang said the effects of infrastructure spending took time to become obvious.
He said the government managed to complete the first phase of regulatory reform during Yudhoyono’s first term, and would focus on project development during his second term.
“We have revised legislation concerning shipping, railways, aviation, roads, water supplies and telecommunications,” he said, adding that a comprehensive regulatory framework would provide a stronger basis for developing new projects.
- Malaysian Girl Speaks Indonesian After Freak Accident: Report
- Indonesians Buying Up Most Expensive Homes in Singapore
- Indonesia Woman Kills Teenage Brother Over Sock Insult
- Funeral on Friday for Student Killed in Rafting Accident
- Concerned for Orangutans in Indonesia, US Girl Scouts Lobby for Sustainable Palm Oil
- 7 Motorcycle Girls Arrested for Beating Up Their Own on Bali
- Will Lady Gaga Finally Set Foot in Jakarta?
- 5 More Prisoners Found After Jakarta Jail Break
- Opening Eyes to Tolerance Via Film
- Indonesian Operators Ban Access to LGBT Advocacy Web Site
-
7:40pm | Shocking Images Show Animal Cr...
I can definitely tell you that in Islam we do not discriminate animals based on their habit or size. All animals should be loved and not unnecessar -
7:18pm | Malaysian Police Detain Saudi ...
Is that something that interpol do ? Do they have to follow certain guideline on what can be classified as a crime ? -
7:13pm | Shocking Images Show Animal Cr...
Sorry Bawel, my brother... What do you do with Eid Al Adha? Slice (or watch the slicing of) the throat of the goat and let i -
6:48pm | Malaysian Police Detain Saudi ...
vanu - i suspect if the said deity existed he/she would not want his followers to kill people, and yet they do and he/she says nothing... draw your -
6:28pm | Opening Eyes to Tolerance Via ...
agoz - methinks the lady doth protest too much. Suggest you watch 'The Kite Runner' - your type of film buddy. -
6:23pm | Indonesia Partners Catholic Ch...
Church cleric abuse children for decades? It doesn't mean that Catholicism is bad right? Seriously. Or may be the side effect of c -
6:21pm | Concerned for Orangutans in In...
waky - sorry, but what is your argument - that anything can be sacrificed to sustain human existance. If this is what you are saying I totally disa -
6:09pm | Shocking Images Show Animal Cr...
I believe it's a bad deed of some persons which doesn't represent the whole society. The same case in Indonesia. Torturing animal is a sin .
