World Water Forum 2024 in Indonesia, Offers IDR 154 Trillion Water Projects

The 10th World Water Forum will be held in Bali next week, or to be precise on 18-25 May 2024. It is hoped that holding this event will open up investment opportunities for the development of water infrastructure in Indonesia. Expert Staff to the Minister of Public Works and Public Housing (PUPR) Firdaus Ali said that the largest water forum in the world will certainly provide several important agreements for Indonesia, one of which is bilateral and multilateral cooperation worth trillions of rupiah.

“There are commitments that have been discussed, but later the Coordinating Minister (Luhut Binsar Pandjaitan) will convey more detail. There are several projects with a value of up to trillions,” he said in a press release, written Friday (10/5/2024).

For this reason, Indonesia as the host is not only determined to make the 10th World Water Forum a success, but also encourages outputs and outcomes to be executed by countries in the world at the project level and real action in the field.

“This is not just a ceremonial activity. This is a meeting that discusses real realities on the ground, so concrete steps are needed,” said Firdaus.

Firdaus also emphasized that this event was an important momentum, not only for Indonesia but also for the world in order to solve problems in the field. In fact, the President of the World Bank, Ajay Banga, has also expressed his commitment to attend.

“That’s why the President of the World Bank has stated that he will attend. Likewise with the International Monetary Fund (IMF) and the Asian Development Bank (ADB),” he said.

Previously, the Secretary General of the PUPR Ministry, Mohammad Zainal Fatah, revealed that Indonesia would offer a number of strategic projects worth US$ 9.6 billion or IDR 154 trillion. Several of these projects were selected by the Ministry of National Planning and Development (PPN/Bappenas).

“This has combined many proposals, the value figure is US$ 9.6 billion in the form of projects, whether in the form of projects that are already underway or new projects for which funding is already there,” said Zainal, quoted from a statement on the Ministry of Communications and Information website.

At the 10th World Water Forum, business meetings were also held with strategic partners to discuss potential cooperation and investment related to water infrastructure development. As the host, Indonesia in this session will also ask for commitment from strategic partner countries in the context of cooperation in developing water infrastructure.

The 10th World Water Forum raised ‘Water for Shared Prosperity’. This theme is in line with the commitment of countries in the world who want to find solutions to increase and manage sustainable water resources as a step to face uncertain climate change.

The forum will focus on discussing four things, namely water conservation, clean water and sanitation, food and energy security, and mitigation of natural disasters.

A total of 244 sessions in the forum are expected to provide concrete results regarding the mainstreaming of integrated water management for small islands or Integrated Water Resources Management (IWRM) on Small Islands, the establishment of a center of excellence or best practices for water and climate security or the Center of Excellence on Water and Climate Resilience (COE), as well as the establishment of World Lakes Day.

May 10, 2024, detikFinance(https://finance.detik.com/infrastruktur/d-7334268/world-water-forum-2024-ri-bakal-tawarkan-proyek-air-rp-154-triliun)