LCS Scheme: Is It Worth the Risk?

By Editorial Team 03/10/2019
Summary

President Joko Widodo is ready to sign the Presidential Regulation on the state asset management by private companies soon. The Coordinating Economic Minister, Darmin Nasution, revealed that the regulation, named Limited Concession Scheme or LCS, would help the government to fund the infrastructure projects.

Darmin explained that the LCS scheme would allow any private company to get a temporary concession permit for operating or developing the existing infrastructures. Some countries, such as India and Turki, have successfully implemented it for airport maintenance.

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