Jakarta, Oct 16 – Indonesia needs an investment of at least Rp278 trillion to build infrastructure for supporting faster Internet connectivity in the country, Deputy Minister of the Development Planning Agency (Bappenas) Lukita Dinarsyah Tuwo stated here on Wednesday.
“The amount of money will be used to finance six priority programs within the period of 2014-2019,” noted Lukita.
He was optimistic that private parties will be willing to financially support the governments projects as the state itself has a limited budget for developing its information and technology sector.
Lukita emphasized the important role played by private parties in financing the projects that will boost Internet connectivity in Indonesia.
The deputy minister pointed out that faster internet connectivity will improve the peoples quality of living and eventually have a positive impact on the nations economy.
“According to a study, every 10 percent growth in internet users will increase the economic growth by 1.23 to 1.38 percent. If we can have faster internet connectivity, it can be used as one of the tools to increase productivity,” added Lukita.