Madiun Regency Opens Door to Investment Through Public-Private Partnership for Street Lighting
MADIUN — The Madiun Regency Government is opening its doors wide to investment, including in the area of public street lighting. The regency has launched a public-private partnership (KPBU) scheme for street lighting equipment (APJ), with efforts to optimise public services being pursued across various sectors.
"This KPBU-APJ policy encompasses two aspects of the regency government's duties: alleviating poverty and encouraging investment," said Madiun Regent Ahmad Dawami on Wednesday (24/11/2021).
The regency government demonstrated its commitment by holding a market sounding event for investment opportunities through the KPBU-APJ scheme. The effort to attract investors was conducted at the Investment Coordinating Board (BKPM) office in Jakarta on Tuesday (26/10/2021). The event, held both online and broadcast live on the Madiun Regency Government's YouTube channel, also gathered input from various investors.
"This KPBU-APJ provides opportunities for the community to pursue business ventures with greater security, thereby increasing community and investor activity in Madiun Regency," said the regent, popularly known as Kaji Mbing.
The Madiun Regency Government's initiative received appreciation from the Investment Planning Division of the Ministry of Investment/BKPM during the market sounding event, as the KPBU-APJ scheme not only provides comfort and security for the public but also boosts the economy and reduces crime rates and traffic accidents.
"In this project, the business entity assists in meeting investment cost requirements. The return on investment is obtained through an availability payment scheme over 10 years after operations commence," said the Head of Madiun Regency's Regional Development Planning Agency (Bappeda), Kurnia Aminulloh.
The Madiun Regency Government has prepared the detailed rules governing the KPBU-APJ scheme, including road lengths and street lighting requirements covering national roads, regency roads, and urban areas in Caruban.
Nevertheless, there is a gap between priority needs and minimum requirements regarding the number of street lighting points per kilometre of road. "There is a shortfall of 2,500 points on regency roads. This serves as scope for prospective implementing business entities to add to their offers during the tender process, as the winner is determined by the method of whoever offers the highest number of street lighting points to be constructed," Kurnia explained.
"This KPBU-APJ policy encompasses two aspects of the regency government's duties: alleviating poverty and encouraging investment," said Madiun Regent Ahmad Dawami on Wednesday (24/11/2021).
The regency government demonstrated its commitment by holding a market sounding event for investment opportunities through the KPBU-APJ scheme. The effort to attract investors was conducted at the Investment Coordinating Board (BKPM) office in Jakarta on Tuesday (26/10/2021). The event, held both online and broadcast live on the Madiun Regency Government's YouTube channel, also gathered input from various investors.
"This KPBU-APJ provides opportunities for the community to pursue business ventures with greater security, thereby increasing community and investor activity in Madiun Regency," said the regent, popularly known as Kaji Mbing.
The Madiun Regency Government's initiative received appreciation from the Investment Planning Division of the Ministry of Investment/BKPM during the market sounding event, as the KPBU-APJ scheme not only provides comfort and security for the public but also boosts the economy and reduces crime rates and traffic accidents.
"In this project, the business entity assists in meeting investment cost requirements. The return on investment is obtained through an availability payment scheme over 10 years after operations commence," said the Head of Madiun Regency's Regional Development Planning Agency (Bappeda), Kurnia Aminulloh.
The Madiun Regency Government has prepared the detailed rules governing the KPBU-APJ scheme, including road lengths and street lighting requirements covering national roads, regency roads, and urban areas in Caruban.
Nevertheless, there is a gap between priority needs and minimum requirements regarding the number of street lighting points per kilometre of road. "There is a shortfall of 2,500 points on regency roads. This serves as scope for prospective implementing business entities to add to their offers during the tender process, as the winner is determined by the method of whoever offers the highest number of street lighting points to be constructed," Kurnia explained.