Lawmakers are expected to start deliberation of the infrastructure financing bill soon and complete it early next year, as the legislation will be crucial in boosting various construction projects essential to sustaining economic growth. The bill is expected to provide a legal basis for the government’s plan to merge state infrastructure-financing company Sarana Multi Infrastruktur (SMI) and state investment unit the Government Investment Center (PIP), in a move to help expand SMI’s capacity in project lending. Read more in the Jakarta Post
