Fiscal cadaster updating for Jakarta launched
ADB Deputy Country Director for Indonesia Said Zaidansyah and Jakarta Governor Anies Baswedan launched a city-wide property tax survey to update the fiscal cadaster and strengthen local tax collection. The city-funded survey will use the latest technology and method piloted under ADB technical assistance on Tax Revenue Administration Modernization and Policy Improvement in Local Governments, cofinanced by SECO. About 600 surveyors attended the event.
Groundbreaking ceremony for Indonesia's geothermal energy projects
Indonesia Finance Minister and ADB Governor, Ms. Sri Mulyani Indrawati in Jakarta presided over the groundbreaking ceremony for two ADB-supported geothermal energy generation projects in Dieng 2 and Patuha 2 by state-owned geothermal energy company GeoDipa Energi. She acknowledged ADB for its continued support in developing Indonesia's renewable energy sector. ADB Director of the Southeast Asia Energy Division Andrew Jeffries delivered remarks and Country Director for Indonesia Winfried Wicklein signed the memorandum of understanding.
ADB launches publication on land value capture in Indonesia
Vice-President Bambang Susantono and Jakarta City Governor Anies Baswedan led the launch of "Sustaining Transit Investment in Asia’s Cities: A Beneficiary-Funding and Land Value Capture Perspective". Director Abdul Abiad and Economist Kathleen Farrin from ADB Economics and Regional Cooperation Department presented the findings of the ADB study, highlighting the importance of land value capture in urban planning and growth in developing Asia. They shared examples from high-income Asian cities, and the challenges to shift the success to Southeast Asian megacities like Bangkok, Jakarta, and Manila. Download the publication here.
ADB presents integrated approach to climate and disaster resilience
Indonesia President's Special Envoy on Climate Change, Rachmat Witoelar, and ADB Vice-President Bambang Susantono presided over the launch of the 2019 Asian Development Outlook's theme chapter on disaster resilience in Jakarta. The report, presented by ADB Economic and Regional Cooperation Department's Deputy Director-General Edimon Ginting and Economist Benno Ferrarini, highlighted the need to apply an integrated approach to building climate and disaster resilience that combines finance, knowledge, and partnership. About 120 representatives from government agencies, civil society, and private sector participated. Download the publication here.
Indonesia, ADB release report on enhancing manufacturing sector
Minister of Indonesia’s National Development Planning and Head of BAPPENAS, and ADB Alternate Governor, Bambang P.S. Brodjonegoro, and ADB Director-General for Southeast Asia Ramesh Subramaniam launched on 8 February in Jakarta a joint ADB-BAPPENAS report on policies to support the development of Indonesia’s manufacturing sector. Advisor at ADB Economics and Regional Cooperation Department Jesus Felipe, the main author of the report, presented the key findings and recommendations to 200 attendees from government, private sector, media and other development partners. Read more and download the publication here.
Discussion on role of technology in Indonesia's competitiveness
ADB Country Director for Indonesia Winfried Wicklein spoke as panelist at Indonesia 2019 Economic and Investment Outlook, co-organized by Indonesia's Investment Coordinating Board and European Business Chambers of Commerce in Jakarta. He discussed potential impact of digitization and innovation on the Indonesian economy, and ensuing challenges in the areas of infrastructure, competitiveness and productivity.
ADB hosts sewerage system review of Indonesian cities
ADB Indonesia conducted a workshop in Jakarta on sewerage systems performance in 13 cities to support the country's effort to achieve universal sanitation coverage. Using findings of an ADB-commissioned study, participants from cities, ministries, and development partners discussed and learned institutional, financial, and technical aspects of the systems.
ADBI, ADB help Indonesia brainstorm infrastructure financing options
Dean of ADB Institute Naoyuki Yoshino and Indonesia Presidential Advisory Council member Suharso Monoarfa, joined by ADB Director General for Southeast Asia Ramesh Subramaniam and Head of Public-Private Partnership Office Yoji Morishita, addressed the high-level workshop on infrastructure development through public-private partnership in Jakarta. Indonesia Vice President Jusuf Kalla opened the workshop that brought together officials and lawmakers with the goal of identifying feasible finance mechanisms for infrastructure development.
ADB promotes innovative finance mechanisms to accelerate green development
ADB Vice President for Knowledge Management and Sustainable Development Bambang Susantono underscored the role of innovative finance facilities and mechanisms in catalyzing bankable green projects to attract private capital. He emphasized that governments and multilateral development banks play a key role in creating the right environment for green finance in his speech at the Indonesia Green Finance Roundtable, jointly hosted by PT Sarana Multi Infrastruktur and ADB in Jakarta. Mr. Susantono also launched a related ADB publication titled Catalyzing Green Finance: A Concept for Leveraging Blended Finance for Green Development.