Vice President Boediono has stressed the need to have infrastructure development implemented “without delay” to accelerate economic growth to 7 percent annually, from about 6 percent booked in recent years.“Growth does not happen by itself. To accelerate growth from the 6 percent range in recent years to 7 percent per year is going to require adding and upgrading infrastructure, from roads, railways, ports, power plants, to IT, without delay,” he said before investors at the high-profile Indonesia Summit held by Economist Conferences, a division of the Economist Intelligence Unit (EIU).“We know that such a plan will require the private sector to play a major role. Our capacity to finance a large amount of infrastructure is quite limited compared to what is required.We have worked hard to reduce barriers to private investment in general and infrastructure in particular,” headded.According to the Investment Coordinating Board (BKPM), Indonesia needs to invest Rp 2,000 trillion (US$220 billion) every year including government expenditure and private investment to achieve 7 percent growth by 2014, the last year of President Susilo Bambang Yudhoyono’s second term.http://www.thejakartapost.com/news/2010/03/26/growth-does-not-happen-itself-says-vp.html http://icaexpo.coop
