Accelerating Sustainable Public-Private Investment for Infrastructure Renewal (ASPIRE)

This initiative aims to facilitate the preparation and structuring of bankable Public Private Partnership (PPP) projects to increase investment in infrastructure to support sustainable economic growth in Indonesia. The project includes two interrelated components. The first aims to establish and operationalize a PPP Centre to act as the country's lead agency in PPP project development. The second provides critical complementary support to develop a strong PPP project pipeline lay the legal and regulatory framework for PPPs in infrastructure and catalyze early bankable PPP projects. These early investments are intended to demonstrate the value of the PPPs in addressing sustainable infrastructure for poverty reduction and increased access to markets with an emphasis on the transportation sector an area of strong Canadian expertise. The project also allows the Indonesia PPP Centre to receive support from the APEC PPP Expert Advisory Panel and to guide the development of PPPs projects in Asia.

The expected intermediate outcomes for this project include: (i)a functional PPP Centre within the Government of Indonesia and APEC PPP Expert Advisory Panel best practices adopted; (ii) increased effectiveness of the Government of Indonesia to identify screen prepare and tender bankable PPP projects; and (iii) improved investment climate for infrastructure development.