Jakarta, Oct. 10 -- Coordinating Minister for Infrastructure and Regional Development Agus Harimurti Yudhoyono stated that a strong financing ecosystem is needed to realize infrastructure development.

"Government funding alone is not sufficient to bear the investment burden of infrastructure development," he said here on Friday.

According to him, a financing ecosystem that combines public and private instruments, mobilizes sovereign funds, involves multilateral partners, and promotes blended finance is paramount in realizing infrastructure development goals.

The Ministry of National Development Planning (Bappenas) estimated that the country will require approximately US$650 billion in infrastructure investment to achieve an economic gr...