Indonesia is advancing its economic growth and development through the implementation of 233 National Strategic Projects (PSN), with a total investment value of IDR 6,246.7 trillion. These projects are expected to create 2.71 million jobs. According to Coordinating Minister for Economic Affairs Airlangga Hartarto, as of February 2024, 195 of these projects have been completed and are fully operational, amounting to IDR 1,519 trillion. Currently, 77 projects and 13 additional programs are under construction or in partial operation, with an investment value of IDR 2,960.7 trillion. Airlangga has set a goal to complete 41 projects within 2024, with five projects expected to finish between January and March, 24 between April and September, and 12 between October and December.
Despite the progress, some projects face challenges, including land procurement and spatial planning issues that are affecting 36 PSN. Strong support from all stakeholders is necessary to meet the project targets. Notable projects requiring special attention include the Gilimanuk–Negara–Pekutatan–Antosari–Mengwi Toll Road, which needs additional land procurement support from the National Asset Management Agency (LMAN) with an extra IDR 3.9 trillion in funding. Additionally, the Fakfak Fertilizer Industrial Area and the Batang Integrated Industrial Area require expedited forest area release processes and incentives for Specific Natural Gas Prices (HGBT). The successful completion of these projects is crucial for driving economic growth and achieving more balanced development across Indonesia.
