Indonesia’s giant $80B sea wall project to have public-private investments under new body

​​​​​​​By Berk Kutay Gokmen

ISTANBUL (AA) - Indonesia’s $80 billion sea wall infrastructure project will see public-private investments under a newly established body, state-run Antara News reported Tuesday.

Chief Infrastructure Minister Agus Harimurti Yudhoyono, commonly referred to as AHY, said funding for the “Giant Sea Wall” project will come from the government and private sector investors.

“It is a combination; cooperation between the government and business entities is the best scheme,” he told reporters Monday in Jakarta, adding that the specific breakdown is still under discussion.

AHY will serve on the steering committee of the newly formed Java North Coast Management Authority. His role includes overseeing coastal development efforts, such as the Giant Sea Wall, to ensure they are carried out effectively.

He will collaborate with the Java North Coast Management Authority and offer guidance to ensure concrete actions are taken for the sea wall’s development and protection of Java’s northern coastline.

The Giant Sea Wall project, originally proposed in 1995, is projected to cost up to $80 billion and stretch 500 kilometers (310 miles), with an estimated completion time of 20 years.​​​​​​​