Jakarta – Indonesian Business Council (IBC) held a business dialogue with the Asian Infrastructure Investment Bank (AIIB) in between AIIB’s visit in Jakarta this week. In the meeting, AIIB representatives met with members of IBC and discussed potential collaboration to promote investment and increase participation of private sectors in the infrastructures development in Indonesia.
Chairman of IBC’s Supervisory Board Arsjad Rasjid stated Indonesia’s goal to achieve higher economic growth and become among the five biggest economy requires more participation from the private sectors. At the same time, Indonesia has presented its ambition to reduce poverty level.
“The government has decided 77 strategic national projects for the next five years. out of those, 36 projects will involve private sectors. We want to support the government especially in this area and this can be done by increasing the participation of the private sectors“, Arsjad Rasjid said during the meeting in Jakarta, 11 March 2025.
President of AIIB Jin Liqun fully supported IBC’s initiatives to increase private sectors participation to support the government’s strategy for economic development. He also believes there are a lot that the private sectors can do to support the government’s strategy.
“Private sectors have the capacity, vision, and innovation for development. This is why it is important that we are working together to mobilize private sectors participations to do more and reduce pressure on the government,” said Jin Liqun.
However, he added that the private sectors should also help the government to create an enabling environment to ensure private sectors’ initiatives and innovation for development will be successful.
AIIB is on a business mission in Indonesia and has been meeting with Indonesian ministries, officials as well as various public and private organizations.
As the association of CEO and business/industry leaders, IBC developed strategicpolicy recommendation to strengthen Indonesia’s competitiveness and economic growth. It also facilitates dialogue with various business groups and stakeholders to promote collaboration between private sectors and with the government.
AIIB is a multilateral development bank focused on financing infrastructure projects that are sustainable, and technology driven. AIIB began operations in 2016 and has 110 members worldwide, including Indonesia. The bank was founded to address its members’ infrastructure funding needs.
Today AIIB is capitalized at USD100 billion. As of end of 2024, it has approved financing for 40 projects totaling USD2.21 billion across the global market including in Africa, Asia, Europe, Latin America, Middle East, and North Amerika. The projects are spread over various sectors, such as transportation, digital infrastructure, energy, health infrastructure, education, and others.
Click here to download the press release: Siaran Pers_IBC-AIIB Tingkatkan Partisipasi Swasta_11032025