Legal Perspective: The Role of Infrastructure Guarantee Institution in Infrastructure Project Provision Through Public-Private Partnership Scheme

نویسندگان

چکیده

Infrastructure development is a strategic step for Indonesia to accelerate national and economic equality. One of the efforts attract investment partnership between Government Business Entities in infrastructure provision. The large source funding one obstacles overcome gap development, new financing scheme used that involved partners (private, non-profit organization, or community) participate project implementation. involvement Entity carried out with Public-Private Partnership (PPP) scheme. Government's contributions PPP provide Guarantees through Guarantee Fund (IIGF). This study aims examine role IIGF Public how it functions encourage acceleration development. utilizes normative juridical research method specification descriptive-analytical. Results indicate that: from legal perspective, an institution provides guarantee losses due political risks such as changes regulations, delays failures financial close, well granting licenses approvals. As guarantee, corporate whose basis uses concept Recourse Agreement according Civil Code but its implementation regulated separate statutory regulations. performs function adds value has greatest impact on benefit people Indonesia; protects interests government fulfilling transparent accountable processes; increases investor trust by providing convenience payment certainty claims risk loss collaborative project.

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ژورنال

عنوان ژورنال: Journal Of Private And Commercial Law

سال: 2022

ISSN: ['2599-0306']

DOI: https://doi.org/10.15294/jpcl.v6i1.35558