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Updated Friday, August 20, 2010 12:02 am TWN, The Jakarta Post/Asia News Network

Indonesia to sell 5 PPP projects as part of development program

JAKARTA -- The Indonesian government will soon offer five Public Private Partnership (PPP) projects worth billions of dollars as part of the government's program to accelerate the development of the country's infrastructure, says a senior official.

In order to cut bureaucratic lines and in a bid to further smoothen the process for bidding and project implementation, the government has agreed to name the Investment Coordinating Board (BKPM) as the only agency authorized to process investment permits for the PPP projects.

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