INVESTMENT(OPPORTUNITIES(ON( PPP(INFRASTRUCTURE( MADRID&KINGDOM+OF+SPAIN,++21+MAY DEPUTY+CHAIRMAN+OF+INVESTMENT+PLANNING+

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1 INVESTMENTOPPORTUNITIESON PPPINFRASTRUCTURE MADRID&KINGDOMOFSPAIN,21MAY2014 DEPUTYCHAIRMANOFINVESTMENTPLANNING

2 INVESTMENTREALIZATION FDI&DDI)2010&Q&12014 USDBillion 41.52USDBillion FDI DDI COUNTRY JAPAN 2 nd 1 ST SINGAPORE 1 ST 2 nd USA 4 th 3 rd SOUTHKOREA 3 rd 4 th USDBillion Q1,2014 Source:BKPM,2014 SPAIN 34 th 37 th SPAININVESTMENTREALIZATIONININDONESIA 2010 :USD0.39Billion 2011 :USD0.01Billion 2012 :USD0.03Billion 2013 :USD0.03Billion Q1&2014 :USD0.11Billion TOTAL:USD0.57BILLION 5MAINSECTORFORSPAININVESTMENT 1. ConstrucOon68%) 2. ChemicalandPharmaceuOcalIndustry20%) 3. Mining7%) 4. HotelandRestaurant2%) 5. Trade1%) 2 InvestmentOpportuni:esonPPPInfrastructure The$Investment$Coordina1ng$Board$of$the$Republic$of$Indonesia

3 EconomicGrowthandInvestmentNeedinInfrastructureSectors According to the Five Years Development Plan 2010&2014, in order to achieve economic growth of 7% in 2014, Indonesia stotalinvestmentfrom2010&2014shouldreachidr14,705.6trillionusd1.33trillionusd). Infrastructure Investment USD213.7Billion Others;USD 1,420.2Billion Private; Gap;35.96 Central Gov't;62.17 Indonesia USD1,420Billion) SOE;37.87 LocalGov't; Indonesia sinfrastructureneedsrp trillion) Tenta:veInfrastructureneedsfor :Rp.6,552Trillion ESTIMATEDFINANCINGCAPACITY: CentralGovernmentbudgetcanonlycover29.1%oftotal investmentneed. BigopportunityforprivateinvestmentthroughPPP PrivateGap=USD74.26Billionor34.7%). 3 InvestmentOpportuni:esonPPPInfrastructure The$Investment$Coordina1ng$Board$of$the$Republic$of$Indonesia

4 Indonesia Infrastructure Needs Sectors Investment Needs Rp. Trilion) Road Toll Road) 1,274 1) Railways 278 Urban Transportation 166 Sea Transportation 563 Ferry dan ASDP 91 Air Transportation 182 Electricity 1,080 3) Energy and Gas 535 Water Supply 1,091 2) Sanitation 666 Public Housing 384 ICT 242 Total Investment Rp. 6,552 Trillion / US$ 596,6 Billiion* Source: Bappenas, InvestmentOpportuni:esonPPPInfrastructure The$Investment$Coordina1ng$Board$of$the$Republic$of$Indonesia

5 FinancingAlterna:vesForInfrastructureDevelopment In#Billion#USD# Government#Alloca4on# Budget#For#Infrastructure# Development# STATEANDREGIONALGOVERNMENTBUDGET forbasicinfrastructuredevelopment) STATEOWNEDANDREGIONALOWNEDENTERPRISESGOVERNMENTASSIGNMENT) orpublicprivatepartnership/ppp PRIVATEFINANCINGORB@TO@B infrastructuredevelopmentinindustrialareasorspecialprivatebusinesspurposes suchascoalrailways,specialportfacility,industrialestate,etc) 5 InvestmentOpportuni:esonPPPInfrastructure The$Investment$Coordina1ng$Board$of$the$Republic$of$Indonesia

6 NewRegula:ononNega:veInvestmentList:MoreOpenBusinessFieldsFor InfrastructureSector No BusinessFields PreviousRegula:on Presiden:alRegula:on36/2010 NEW/RECENTREGULATION PRESIDENTIALREGULATION39/2014 A. ENERGYANDMINERALRESOURCESSECTOR 1. PowerPlant>10MW Foreigncapitalmaximum95% Foreigncapitalmaximum95%maximum 100%underPPPschemeduringconcession period) 2. PowerPlantTransmission Foreigncapitalmaximum95% Foreigncapitalmaximum95%maximum 100%underPPPschemeduringconcession period) 3. ElectricityDistribuOon Foreigncapitalmaximum95% Foreigncapitalmaximum95%maximum 100%underPPPschemeduringconcession period) B. TRANSPORTATIONSECTORS 1. Providingportfacilitypierbuilding, containerdelayterminal,liquidbulk terminal,drybulkterminalandro&ro terminal) 2. ProvidingmotorvehiclesperiodictesOng 3. & Passengerterminalforland transportaoonlimitedforpublic facilioes) & Cargoterminalforpublic Foreigncapitalmaximum49% Closed Closed Foreigncapitalmaximum49%maximum 95%underPPPschemeduringconcession period) Foreigncapitalmaximum49%,under recommendaoonfromministryof TransportaOon Foreigncapitalmaximum49%,under recommendaoonfromministryof TransportaOon 6 InvestmentOpportuni:esonPPPInfrastructure The$Investment$Coordina1ng$Board$of$the$Republic$of$Indonesia

7 FiscalIncen:ves:TaxHolidayMinisterofFinanceRegula:onNo.130Year2011)! ThereisnowalegalumbrellaforTaxHolidayinGovernmentRegulaOonNo.94/2010onTaxableIncome CalculaOonandPaymentofIncomeTaxinCurrentYearTaxHolidaythatismenOonedinChapterVIII: FaciliOesExempOonorReducOonofIncomeTaxintheFrameworkofInvestment). TAX HOLIDAY! TaxHolidayincenOvemechanismwasregulatedbyMinisterofFinanceRegulaOonNo.130/PMK.011/ TaxexempOonforaperiod5to10yearsakeracompanyorprojectbeginscommercialproducOon 100%realizaOonandhavethepermanentlisence/IUT). 2. Taxholidaymaybegrantedforamaximumperiodof10ten)oftheFiscalYearandatleast5five)Fiscal Year,commencingfromthecommencementofcommercialproducOonoftheFiscalYear.Followingthis period, 3. InvestorscouldbeofferedanaddiOonal50%corporateincometaxreducOonfor2yearsakerthetax holidayperiod12.5%ofincometaxfor2years). 4. Taxholidayisofferedforfollowingpioneerindustries 5.Therequirementsare:minimuminvestmentofRp.1trillion112MillionUSD);haveexistedasalegal enotyofindonesiamaximumof12monthspriortotheregulaoonontaxholidaybeenissued Maximumorlessthan12months);andmustdepositatleast10%oftheproposedinvestmentinan IndonesianBank. 7 InvestmentOpportuni:esonPPPInfrastructure The$Investment$Coordina1ng$Board$of$the$Republic$of$Indonesia

8 TaxAllowance:GovernmentRegulaOonNo.52of2011 TAX ALLOWANCE REQUIREMENT! BasedonGovernmentRegulaOonNo.1of2007jo.No.62of2008joNo.52of2011: 1. ReducOonofnetincomefor30%fromtotalamountofinvestment,chargedin6yearwitheach5%per year. 2. DepreciaOonandamorOzaOonacceleratedtofixedintangibleassetsbuildingandnon&building) 3. IncomeTaxondividendspaidtoforeigntaxsubjectto10%oralowerrateaccordingtodoubletaxaOon avoidanceagreement 4. CompensaOonforlossesofmorethan5yearsbutnotmorethan10years. 5. TariffreducOononIncomeTax! BasedonSecondRevisionofGovernmentRegulaOonNo.1of2007ConcerningIncomeTaxFacilityFor InvestmentInCertainBusinessFieldsand/orCertainRegions,addiOonaltermsfortheprovisionoftax allowance: 1. ThisfacilitycanbeprovidedakertherealizaOonofinvestmenttaxpayersatleast80%ofcapital investmentplans. 2. taxfacilioescanalsobeusedbyataxpayerwhohasreceivedaninvestmentlicensepriortothe enactmentofthesechanges,provided:minimuminvestmentvalueof1trillionrupiah,andnotyet commercialproducooniut) BUSINESS FIELDS! BasedonrevisedediOonofGovernmentRegulaOonNo.62/2008GovernmentRegulaOonNo52of2011) concerningtaxallowanceforinvestmentincertainbusinessesand/orareas,thetaxallowancewillbeeligible for129businesssegments,includinginfrastructure DEVELOPMENTOF CERTAINBUSINESS FIELDSANDAREAS THATRECEIVING FACILITIES FACILITIES PPNo12007 PPNo PPNo Appendix1 CertainBusinessField) Appendix2 CertainBusinessFieldandRegion) TOTAL InvestmentOpportuni:esonPPPInfrastructure The$Investment$Coordina1ng$Board$of$the$Republic$of$Indonesia

9 Facili:esforPPPInfrastructureProjects GOVERNMENT GUARANTEE GOVERNMENT SUPPORT! Government Guarantee is provided by Minister of Finance through Indonesia Infrastructure GuaranteeFundIIGF)/PTPenjaminanInfrastrukturIndonesiaPTPII).! GovernmentGuaranteeisgiven: a. ToprovideapoliOcalriskguaranteeforPPPInfrastructureProjects b. ToimprovecreditworthinessofPPPprojects c. ToaqractmoreprivatesectorparOcipaOon,duetoreducedriskpercepOonofIndonesiaPPPs! RiskCoverage: Delay or failure in obtaining licenses, permits, and approvals; Changes in laws/regulaoons; Breach of contract; IntegraOon with network; Tariff risk; ExpropriaOon risk; Currency inconverobility & non& transferrisk;forcemajeureaffecongthecontracongagencyca)! Government may provide support in the form of licensing, land acquisioon, part of construcoon, and/orinotherforminaccordancewithprevailinglawandregulaoon! MinisterofFinancemayapprovetheprovisionofGovernmentSupportintheformoftaxincenOves and/or fiscal contribuoon in the form of financial based on the proposal by Minister/Chairman of theinsotuoon/headofregion.! GovernmentsupporthastobesecuredpriortotheissuanceoftheRFPpriortobidsubmissionfor landacquisioon) Examples:# Viability# Gap# Fund# VGF),# Land# Fund,# Geothermal# Fund,# Permits# and# Licensing,# Land# acquisi4on,#use#of#state#assets# PROJECT PREPARATION ProvidingadvicetoGovernmentContracOngAgencythroughPT.SaranaMulOInfrastrukturPT.SMI)for preparingofpre&feasibilitystudy;peparingoftenderdocuments;providingassistanceduringthetender process;andprovidingsupporttowardsrealizaoonoffinancialclose 9 InvestmentOpportuni:esonPPPInfrastructure The$Investment$Coordina1ng$Board$of$the$Republic$of$Indonesia

10 ImprovementonProcurementProcessforPPPInfrastructureProjects Tenderpar:cipantandprojectini:ator: 1. BusinessenOtyintheformofIndonesianLegalEnOtyandForeignLegalEnOty 2. WinningBidderhavetofoundabusinessenOtyintheformofanIndonesianLegalEnOty 10 InvestmentOpportuni:esonPPPInfrastructure The$Investment$Coordina1ng$Board$of$the$Republic$of$Indonesia

11 InfrastructureCurrentCondi:onAndOutlook:TollRoadSector Plan! No! Toll Road! Operated! Program! Priority! Potential! Total! 1 Sumatera Island 43 km 60 km 223 km km km 2 Jawa Island 734 km 1001 km 181 km 486 km 2402 km 3 Kalimantan Island km - 99 km 4 Bali Island 10 km km 5 Sulawesi Island 17 km - 39 km - 56 km Total 804 km km 542 km km km BandaAceh Medan Pekanbaru Manado Samarinda PonOanak Padang Jambi Balikpapan Palangkaraya Palu Palembang Banjarmasin Kendari Bengkulu BdLampung Jakarta Semarang Makassar Bandung Surabaya Yogyakarta Denpasar Bitung OperaOon Program Priority PotenOal Source:#Indonesia#Toll#Road#Authority# 11 Investment$Opportuni1es$on$PPP$Infrastructure$ The$Investment$Coordina1ng$Board$of$the$Republic$of$Indonesia

12 InfrastructureCurrentCondi:onandOutlook:ElectricitySector! TotalofnaOonalpowergeneraOoninstalledcapacityunOlAugust2013isabout46,420MW,transmissionlineisabout38,096kms,and distribuoonlineisabout kms! ThepowersystemwhichhasbeenwellinterconnectedisinJava&BaliSystemandSumatera! TotalpowergeneraOonthatwillbedevelopedupto2021isaboutof57GWorinaverage5.7GWp.a! PLNwilldevelopaboutof53%ofthetotalcapacityandtherest47%)willbedevelopedbyIPP/Private! CoalandgasaregivenprioritytoreducedependenceonoilinelectricitygeneraOon:Ministry! Coal&firedpower&plantswillaccountfor62%oftotalcapacityin2021,naturalgas18.8%,geothermal11%andrestwillbeothersources includinghydroandoil:statement! ThetotalinvestmentrequirementforaddiOonalpowergeneraOonupto2021isaboutUSD77billionorinaverageUSD7.7billionp.a! DuetoPLN sinvestmentcapabilityislimitedandthegovernmentfundforinfrastructureisalsolimited,thereforeprivatesector parocipaoonarerequired. 12 InvestmentOpportuni:esonPPPInfrastructure The$Investment$Coordina1ng$Board$of$the$Republic$of$Indonesia

13 InfrastructureCurrentCondi:onAndOutlook:WaterSupplySector WATERSUPPLYTARGETIN2015REFERSTOMDGSTARGET. ThetargetofpopulaOonhavingsafeaccesstodrinkingwaterin2015:68.87%,2020:85%and2025:100% INVESTMENTNEEDS: InordertoachieveMDGS,itissOllrequiredaround7.3billionUSDtoprovide8.5millionhouseholdsunOl2015 WATERSUPPLYCONDITIONIN2012 NaOonal:58.05% WATERSUPPLYTARGETIN2015 NaOonal:68.87% Por:onof popula:onhaving safeaccessto drinkingwater Urban:57.76% Rural:58.34% Por:onof popula:onhaving safeaccessto drinkingwater Urban:75.29% Rural:65.81% Totalcoverageof pipedwatersupply service NaOonal:25,56% Urban:43.96% Rural:11.54% Totalcoverageof pipedwatersupply service NaOonal:41.03% Urban:68.32% Rural:19.76% Source:MinistryofPublicWorks, Investment$Opportuni1es$on$PPP$Infrastructure$ 13 The$Investment$Coordina1ng$Board$of$the$Republic$of$Indonesia

14 InfrastructureCurrentCondi:onAndOutlook:WasteManagementSector Solid#Waste#Composi4on# Source:MinistryofPublicWorks, NaOonally,thecoverageofsolidwastemanagementreaches±54%BPS,Susenas2006),whiletheaimedtarget are75%in2009basedonthe2009naoonalmid&termdevelopmentplan)and70%in2015basedonthemdgs Target). 2. ThenaOon srapidannualpopulaoongrowthandalteraoonofcommunity sconsumpoonpaqernhaveresulted inasignificantescalaoonofsolidwastegeneraoonby2&4%peryear. 14 InvestmentOpportuni:esonPPPInfrastructure The$Investment$Coordina1ng$Board$of$the$Republic$of$Indonesia

15 InfrastructureCurrentCondi:onandOutlook:AirTransportaOon Indonesia s#economy#rapid#growth#cause## a#bright#future#of#its#air#transport#demand# 15 InvestmentOpportuni:esonPPPInfrastructure Source:MinistryofTransportaOon,2012 The$Investment$Coordina1ng$Board$of$the$Republic$of$Indonesia

16 Cont... Source: Ministryof TransportaOon, InvestmentOpportuni:esonPPPInfrastructure The$Investment$Coordina1ng$Board$of$the$Republic$of$Indonesia

17 InfrastructureCurrentCondi:onandOutlook:WaterTransportaOon KUALATANJUNGPORT KALIMANTAN PortDevelopmentwithintheEconomic Corridors SULAWESI CILAMAYAPORT WEST JAVA SOUTHSULAWESI 17 InvestmentOpportuni:esonPPPInfrastructure Source:MinistryofTransportaOon, The$Investment$Coordina1ng$Board$of$the$Republic$of$Indonesia

18 InfrastructureCurrentCondi:onandOutlook:RenewableEnergySector NO RENEWABLEENERGY POTENTIAL INSTALL CAPACITYMW) UTILIZATION 1 LargeHydroMW) 75,670 5, % 2 SmallHydro/MicrohydroMW) % 3 GeothermalMW) 29,038 1, % 4 BiomassMW) 49,810 1, % 5 Solar 4.80kWh/m2/day 13.5 & 6 Wind 3 6m/s 1.96 & 7 Ocean/SeaMW) 43,000 & & 18 InvestmentOpportuni:esonPPPInfrastructure The$Investment$Coordina1ng$Board$of$the$Republic$of$Indonesia

19 InfrastructureCurrentCondi:onandOutlook:OilRefinerySector Condi:onofIndonesiaOil refinery! Indonesia sfuelproducoonfrom exisongrefineryforthelast5yearsis 715mbpdabout60%oftotaldemand)! Gapisexpectedtowideninthefuture! Inordertomeetthedemand, IndonesianeedsdomesOccapacityto beincreased. 19 InvestmentOpportuni:esonPPPInfrastructure The$Investment$Coordina1ng$Board$of$the$Republic$of$Indonesia

20 ReadyToOfferProjects:PPPonOilRefinery PROJECTPROFILE PROJECT LOCATION 20 InvestmentOpportuni:esonPPPInfrastructure The$Investment$Coordina1ng$Board$of$the$Republic$of$Indonesia

21 ReadyToOfferProjects:PPPonInfrastructure No. PROJECTS CONTRACTINGAGENCIES Value US$Million)* 1 Manado&BitungTollRoad,NorthSulawesi IndonesiaTollRoadAuthorityBPJT) TanjungPriokAccessTollRoad,DKIJakarta*** IndonesiaTollRoadAuthorityBPJT) CisumdawuTollRoad,WestJava IndonesiaTollRoadAuthorityBPJT) 1,016 4 Balikpapan SamarindaTollRoad,East Kalimantan IndonesiaTollRoadAuthorityBPJT) 1,200 5 Pandaan MalangTollRoad,EastJava IndonesiaTollRoadAuthorityBPJT) MaloyInternaOonalPort,EastKalimantan** EastKalimantanProvincialGovernment 1,780 7 Soekarno HaqaInternaOonalAirport Jakarta Railways,Banten DKI*** MinistryofTransportaOon 2,570 8 SurakartaSolidWasteTreatmentandFinal Disposal,CentralJava*** GovernmentofSurakarta 30 9 Bogor&DepokSolidWasteManagementand FinalDisposal,WestJava BPSRJawaBarat SouthernBaliWaterSupply,Bali 11 PondokGedeWaterSupply,Bekasi,WestJava NaOonalSupporOngAgencyforWater SupplySystemdevelopmentBPPSPAM) NaOonalSupporOngAgencyforWater SupplySystemdevelopmentBPPSPAM) InvestmentOpportuni:esonPPPInfrastructure The$Investment$Coordina1ng$Board$of$the$Republic$of$Indonesia

22 Bkpm srolesonpppinfrastructureprojects FRONTOFFICE LICENSING CLEARINGHOUSE AGENT 1. Finding and idenofying potenoal investors and offering infrastructureprojectstoinvestors. 2. Packaging informaoon on infrastructure projects that are ready to offer, so that the project aqracovetoinvestors, 3. Facilitating markeong of infrastructure projects that are offeredthroughacovioessuchas: a. MarketSounding b. RoadShows c. BusinessForum 4. Deliveringandprovidingthelistof potenoalinvestorsandsupporong documents to the person in chargeof cooperaoonprojectsto the Ministry / Agency or Local Government contracong agency) forfurtherinviongfortender 22 Investment$Opportuni1es$on$PPP$Infrastructure$ Facilitating issuance of necessary license and non&license in the implementaoon of PPP projects through One Stop Integrated Services for Investment PTSP) in thefieldofinvestment. 1. CoordinaOng seqlement&related issues encountered showcase projectclearinghouseagent). 2. Monitoring the implementaoon of acoon plans and targets of each relevant stakeholders showcaseproject. The$Investment$Coordina1ng$Board$of$the$Republic$of$Indonesia

23 TERIMAKASIH Investin byIndonesianInvestmentCoordinaOngBoard.Allrightsreserved INDONESIAINVESTMENTPROMOTIONCENTERIIPC) CONTACTUS BADANKOORDINASIPENANAMANMODALBKPM) Jl.Jend.GatotSubrotoNo.44,Jakarta12190 P.O.Box3186,Indonesia P: F: AbuDhabi Level4BuildingB&AlMamouraMohammedBinKhalifaStreet15thSt)MuroorDistrict, AbuDhabi,UEA P: / F: London St.MarOnsHouse,16St.MarOnsleGrand,3rdFloorLondon,EC1A4EN,UNITED KINGDOM P:440) F:440) NewYork 370LexingtonAve.Suite1903NewYork,NY10017,UNITEDSTATESOFAMERICA P: F: Singapore 8TemasekBoulevard,SuntecTower3,#33&03SINGAPORE P: F: Sydney GoldFieldHouse,1AlfredStreet,Suite903Sydney,NSW2000,AUSTRALIA P: F: Taipei IndonesianEconomicandTradeOfficetoTaipeiDirectorofInvestmentDepartment 6F,No.550,RuiGuangRoad,NeihuDistrictTaipei114 P: ext.31, direct) F: Tokyo FukokuSeimeiBuilding23F2&2&2Uchisaiwai&cho,Chiyoda&kuTokyo100&0011JAPAN P: F: Seoul InternaOonalFinancialCentreSeoul,15FLTwoIFC,10,Gukjegeumyung&ro, Youngdeungpo&gu,Seoul,150945Korea P: F: FGDHongkong19&20May2014

24 Manado BitungTollRoad TENTATIVESCHEDULE Finaliza:onofFinal BusinessCaseH22014) PreQualifica:onH22014) Bidding&Evalua:onH12015) Nego:a:onwith PreferredBidderH22015) ContractAwardH12016) SCOPEOFWORK Length:31.80km DesignSpeed:80.00km/h NumberofLane:2x2lanes phasei) :2x3lanesphase II) Laneofwidth:3.60m OuterShoulderWidth:3.00m InnerShoulderWidth:1.50m MedianWidth: m RightofWay:40.00m minimum) ESTIMATEDINVESTMENTCOST EsOmatedProjectValue:US$353million LandAcquisiOonValue:US$26.67 million PROJECTTITLE Manado BitungTollRoad LOCATION ProvinceofNorthSulawesi CONTRACTINGAGENCY MinistryofPublicWorks PROJECTBACKGROUND Toll Road Project Manado & Bitung is a project that built to connect the city with the Port of Bitung Manado. Bitung harbor has been established as the integrated Economic Development Area KAPET) by the government and being inioatedintospecialeconomiczoneskek). CONTACT HeadofIndonesiaTollRoadAuthorityBPJT) GedungBinaMargaLantai3 JalanPa murano.20kebayoranbaru JakartaSelatan12110,INDONESIA Tlp: Fax: bpjt@pu.go.id,investasi.bpjt@gmail.com Indonesia$Investment$Coordina1ng$Board

25 TanjungPriokAccessTollRoad,DKIJakarta PROJECTTITLE PROJECTBACKGROUND Tanjung Priok Access Road was originally planned to connect JORR to TanjungPriokInternaOonalPort,butit is now planned as a part of JORR to replacethenewsecoonthathasbeen set aside due to land acquisioon and reseqlementissues. PPPMODALITY O&MOperaOon&Maintenance) TENTATIVESCHEDULE Finaliza:onofFinal BusinessCase2013) PreQualifica:onH12014) Bidding&Evalua:onH22014) Nego:a:onwith PreferredBidderH12015) ContractAwardH22015) TanjungPriokAccessTollRoad,DKIJakarta PROJECTLOCATION DKIJakartaProvince CONTRACTINGAGENCY IndonesiaTollRoadAuthorityBPJT) INVESTMENTESTIMATEDCOST US$612.50million SCOPEOFWORK ThisprojectisdividedintofiveconstrucOonsecOons: SecOonE&1:3.40km SecOonE&2:2.74km SecOonE&2A:1.92km SecOonNSLink:2.24km SecOonNSDirectRamp:1.10km RoadWidth:26,5m&Median:2.0m ThroughTraveledLane:3,5mx3=10,5 OuterShoulder:1.75mInnerShoulder:0.5m CONTACT HeadofIndonesiaTollRoadAuthorityBPJT) GedungBinaMargaLantai3,JalanPa murano.20 KebayoranBaru,JakartaSelatan12110,INDONESIA Tlp: Fax: bpjt@pu.go.id,investasi.bpjt@gmail.com Indonesia$Investment$Coordina1ng$Board

26 Pandaan MalangTollRoad PROJECTTITLE Pandaan MalangTollRoad PROJECTBACKGROUND Malang Pandaan road is part of SouthernJavaroadnetworkthatcinnect the Surabaya Municipal with the other area in East Java through Malang Regency and Pasuruan. The regional development has created disturbance andbarrierstothetransportaoonflowin theexisongroadpandaan Malang.For instance, high frequency of pedestrian andpublicvehiclesinthearteryandtoll road congesoon. Thus, the toll road is designed to improve connecovity within theregion. SCOPEOFWORK Length:37.62km Designspeed80&120km/hr Numberoflane2x3lanes Laneofwidth3.60m OuterShoulderWidth3.00m InnerShoulderwidth1.50m Mediawidth12.70m PROJECTLOCATION EastJavaProvince CONTRACTINGAGENCY IndonesiaTollRoadAuthorityBPJT) PPPMODALITY Financing,engineeringdesign, construcoon,operaoonandmaintenance duringtheconcessionperiod INVESTMENTESTIMATEDCOST EsOmatedconstrucOoncost:US$399 CONTACT HeadofIndonesiaTollRoadAuthority BPJT) GedungBinaMargaLantai3,Jalan Pa murano.20kebayoranbaru, JakartaSelatan12110,INDONESIA Tlp: Fax: Indonesia$Investment$Coordina1ng$Board

27 Indonesia$Investment$Coordina1ng$Board Cileunyi Sumedang DawuanCisumdawu)TollRoad PROJECTTITLE Cileunyi Sumedang DawuanTollRoad LOCATION WestJava CONTRACTINGAGENCY BPJT,MinistryofPublicWorks BACKGROUND Thistollroadwillprovidedirectaccessforgoods transportaoonfromsomeareas totheportcityofcirebon.thistollroadisurgently requiredtohelpshiksomeofthedevelopmentofthe regiontotheeastsideofbandung. CONTACT Mr.A.GaniGhazalyAkman HeadofIndonesiaTollRoadAuthorityBPJT) GedungBinaMargaLantai3 JalanPa murano.20kebayoranbaru JakartaSelatan12110,INDONESIA Tlp: Fax: SCOPEOFWORK Length:58.59km DesignSpeed:100km/jam NumberofLane:2x3lajur LaneWidth:3.60m OuterShoulderWidth:5.00m InnerShoulderWidth:1.5m MedianWidth:5.50m ESTIMATEDINVESTMENTCOST Private:Rp7.32trillionUS$779 million);totalinvestment,including governmentsupport:rp9.26trillionus $985.1million) PPPMODALITY BOTBuild Operate Transfer),with concessionperiodof35years TENTATIVESCHDULE Finaliza:onofFinal BusinessCaseand Tender2014) PreQualifica:onH12015) Bidding&Evalua:onH22015) Nego:a:onwithPreferred BiddersH12016) ContractAwardH22016)

28 PROJECTBACKGROUND Thisprojectwilldevelopnewtollroad corridorfrombalikpapantosamarinda for kilometers and as part the establishmentofasubregionalmulo& modal transport network to support the free movement of people and goodsacrossborders. PPPMODALITY BOTBuild&Operate&Transfer) TENTATIVESCHEDULE Finaliza:onofFinal BusinessCaseH12014) PreQualifica:onH22014) Bidding&Evalua:onH12015) Nego:a:onwithPreferred BiddersH22015) ContractAwardH22016) PROJECTTITLE Balikpapan&SamarindaTollRoad,WestKalimantan PROJECTLOCATION EastKalimantanProvince CONTRACTINGAGENCY IndonesiaTollRoadAuthorityBPJT) INVESTMENTESTIMATEDCOST TheesOmatedprojectcostisUS$1,200.00million;US$ millionisallocatedforlandacquisiOon SCOPEOFWORK Length99.40km Designspeed80km/hr Numberoflane2x2lanes Laneofwidth3,6m Outershoulderwidth3,0m Innershoulderwidth1,5m Mediawidth3,8m RightofWay40.00mminimum) CONTACT HeadofIndonesiaTollRoadAuthorityBPJT) GedungBinaMargaLantai3,JalanPa murano.20 KebayoranBaru,JakartaSelatan12110,INDONESIA Tlp: Fax: Indonesia$Investment$Coordina1ng$Board

29 MaloyInterna:onalPort PROJECTBACKGROUND Based on the geo&posioon and geo& economy study, the most suitable area foreconomicandmariomedevelopment in East Kalimantan specifically is Maloy area, Sangkulirang, East Kutai Regency. Thus, the Provincial of East Kalimantan plans to develop internaoonal standard port that will support the industrial acovityoftheregion PPPMODALITY BOTtobedecided) INVESTMENTESTIMATEDCOST TotalprojectcostisUS$1,780million SCOPEOFWORK Infrastructure:mainroad,secondary roadandgreenarea. ThedevelopmentofMaloyCPOPort comprisesintotwoparts: Publicworks: &PortfaciliOes:Portoffice,beacon tower,firedepartment,garage warehouse. &InstallaOon:wastemanagement, electricitysubstaoon. &PublicfaciliOes:mosque,foodcenter, publictoilet. CPOLiquidBulkworks: &SinglePointMooringSPM)&Trestle 1,5km). &SILOtank&Toolwarehouse. &Parkingarea. &Road. &Greenarea. CONTACT DirectorofPortandDredging,Ministry oftransportaoon. KaryaBuilding15thFloorJl.Medan MerdekaBaratNo.8Jakarta10110 INDONESIA Phone: Fax: / PROJECTTITLE MaloyInternaOonalPort PROJECTLOCATION EastKutaiRegency,EastKalimantanProvince CONTRACTINGAGENCY MinistryofTransportaOon TENTATIVESCHEDULE Finaliza:onofOutlineBusinessCase,Final BusinessCase&TenderDocument2014) BiddingandEvalua:onH12015) Nego:a:onwithPreferredH12016) ContractAwardH22016) Indonesia$Investment$Coordina1ng$Board

30 Soekarno HaqaInterna:onalAirport JakartaRailways PROJECTTITLE Soekarno&HaqaInternaOonalAirport Jakarta RailwayProject PROJECTLOCATION DKIJakartaandBantenProvince CONTRACTINGAGENCY MinistryofTransportaOon PROJECTBACKGROUND Currently, Jakarta populaoon has exceeded10millionpeopleandonlyone access to the airport via the toll road. With an annual total of 51,5 million passengers and annual increase of 15%, it caused a need of alternaove transportaoon in order to respond towardthetremendeousgrowth. SCOPEOFWORK Design and construct the rail infrastructure, and procure the rolling stock Provide substanoal private finance for theinioalcosts Operate and maintain the infrastructureandrollingstock Collectfarerevenueandotherincome PPPMODALITY BOTtobedecided) INVESTMENTESTIMATEDCOST EsOmatedconstrucOoncost:US$2.57billion CONTACT DirectorofRailwaysTrafficand TransportaOon MinistryofTransportaOon Jl.MedanMerdekaBaratNo.8,Gedung Kartalantai11,Jakarta10110Indonesia Phone: Fax: llakainvestasi@gmail.com sekretaris.dllaka@gmail.com TENTATIVESCHEDULE Finaliza:onofOutlineBusinessCaseand ProjectReadiness2013) FinalBusinessCase,Tender Document,Pre@Qualifica:on2014) BiddingandEvalua:onH12015) Nego:a:onwithPreferredBidderH1 2015) ContractAwardH22015) Indonesia$Investment$Coordina1ng$Board

31 PROJECTTITLE SolidWasteTreatment&FinalDisposal,Surakarta PROJECTLOCATION SurakartaMunicipal,CentralJavaProvince CONTRACTINGAGENCY MunicipalGovernmentofSurakarta PROJECTBACKGROUND Limited land for the city of Surakarta tofinaldisposalsiteandhighcostsin operaoonalcostsrequire,arethemain reasonforlocalgovernmenttochoose and set the system technology in the processing of waste for the city of Surakarta PPPMODALITY BOTBuild Operate Transfer)with20 yearsofconcessionperiod) TENTATIVESCHEDULE Finaliza:onofFinal BusinessCase2013) PreQualifica:onH22014) Bidding&Evalua:onH12014) Nego:a:onH22014) ContractAward2014) INVESTMENTESTIMATEDCOST EsOmatedProjectValueUS$30Million SCOPEOFWORK Integrated solid waste management waste prevenoon, recycling and composong, combusoon and disposal in properly designed, constructed, and managedlandfills) CONTACT HeadofInvestmentandFinancialDivision,Surakarta DevelopmentPlanningAgency Jl.JenderalSudirmanNo.2Surakarta,CentralJava, INDONESIA Phone: Fax: Indonesia$Investment$Coordina1ng$Board

32 SolidWasteTreatmentandFinalDisposal Bogor&Depok,WestJavaProvince PROJECTTITLE SolidWasteTreatment&FinalDisposal Bogor&Depok, WestJavaProvince PROJECTLOCATION BogorandDepok,WestJavaProvince CONTRACTINGAGENCY WestJavaProvincialGovernment PROJECTBACKGROUND Theconceptofthisprojectistooperatea sanitary landfill site which will facilitate efficient disposal of household, and commercial waste from the district of Bogor and the cioes of Depok and Bogor infinaldisposalsite. The final disposal site should incorporate waste sorong, recycling and or composong facilioes, it may also incorporate methane capture for flaring orsecondarypowergeneraoon. PPPMODALITY BOTBuild Operate Transfer)with20years ofconcessionperiod) TENTATIVESCHEDULE Finaliza:onofFinal BusinessCaseH22013) PreQualifica:onH12014) Bidding&Evalua:onH12014) Nego:a:onH22014) ContractAwardH12015) INVESTMENTESTIMATEDCOST EsOmatedProjectValueUS$40Million SCOPEOFWORK OperaOonalhours:8hours/day,365days/year OperaOonalcapacity:1000ton/day Refusederivedfuelwithcapacityof1000tonconsistof 3modules Outputtarget: &Compost45.4tonperday &RDF408,6tonperday CONTACT HeadofBPSRBalaiPengelolaanSampah Regional)WestJavaProvince Jl.KawaluyaanIndahNo.4Bandung40286, WestJavaINDONESIA Tlp: Indonesia$Investment$Coordina1ng$Board

33 SouthernBaliWaterSupply PROJECTBACKGROUND Tourism and related development in SouthernBaliregioniscurrentlybeing constrained due to inadequate drinking water supplies. The Government of Klungkung Regency hassetaplantoimprovewatersupply in Denpasar Badung & Gianyar Klungkung SARBAGIKU) area, in paroculardenpasarmunicipal,badung Regency, Klungkung Regency, and GianyarRegency. PPPMODALITY BOTBuild Operate Transfer) TENTATIVESCHEDULE FSFinaliza:onand GCAevalua:onforFS2013) PreQualifica:onH12014) Bidding&Evalua:onH22014) Designa:onofPreferred BidderH22014) ContractAwardH12015) PROJECTTITLE SouthernBaliWaterSupply,BaliProvince PROJECTLOCATION DenpasarMunicipal,BadungRegency,Klungkung Regency,andGianyarRegency CONTRACTINGAGENCY ProvincialGovernmentofBali INVESTMENTESTIMATEDCOST EsOmatedProjectValueUS$218.8million SCOPEOFWORK WaterTreatmentPlantWTP)withcapacity1,000l/ sfromtukadunda. Reservoir. Transmission pipe, transmiqed from WTP to distribuoonpoint. OperaOon and Maintenance of WTP from Tukad Penetwithcapacity300l/sandTukadPetanuwith Capacity300l/s. CONTACT HeadofLocalDevelopmentPlanningAgency BAPPEDA),BaliProvince Jl.AgungTresna,Denpasar80235,Bali Phone: Fax: Indonesia$Investment$Coordina1ng$Board

34 PondokGedeWaterSupply,Bekasi PROJECTBACKGROUND By the implementaoon of Pondok GedeWaterSupplyProject,theBekasi Municipal plans to increase the total servicecoverageforthepondokgede and surrounding area. The realizaoon of this project will accelerate the city processtoachievethemdg stargetof 80percent. PPPMODALITY BOTBuild Operate Transfer) TENTATIVESCHEDULE Finaliza:onofFinal BusinessCase2013) PreQualifica:onH12014) Bidding&Evalua:onH22014) Nego:a:onwith PreferredBidderH12015) ContractAwardH22015) PROJECTTITLE PondokGedeWaterSupply,Bekasi PROJECTLOCATION BekasiMunicipal,WestJavaProvince CONTRACTINGAGENCY MunicipalGovernmentofBekasi INVESTMENTESTIMATEDCOST US$20.00million SCOPEOFWORK Waterintakeswithtotalcapacity300l/s. Watertransmission Watertreatmentplantwithcapacityof300l/s Reservoirwithcapacity7000m3 DistribuOonpipelinesfor61km HouseconnecOonsfor30,000consumers CONTACT HeadofPhysicalDivision,RegionalDevelopment PlanningAgencyBAPPEDA)BekasiMunicipal JlIr.H.JuandaNo.100BekasiMunicipal,INDONESIA Phone: Fax: Indonesia$Investment$Coordina1ng$Board

35 GovernmentEfforttoAcceleratesPPPImplementa:on a. PresidenOalRegulaOon56/2011wasthesecondamendmentto thegoverningregulaoononppppresidenoalregulaoon67/2005); b. IIGFIndonesiaInfrastructureGuaranteeFund)wasestablishedin December2009toprovidegovernmentguaranteesorcredit enhancementstobankablepppprojects; c. PTSMIandIIFwasestablishedtoplayacatalystroleintermsof co&financingwithcommerciallenderstoprovidelongertermdebt; d. TheCentreforGovernmentInvestmentPIP)underMOFprovides pre&financingforlandacquisioon,pipalsomanagesgeothermal Fund; e. ProjectDevelopmentFacilityPDF)toassistGCAinpreparaOon andtransacoonofpppproject; f. GeothermalFundisintendedtoreduceinvestorriskinexploraOon acovioes; g. ViabilityGapFundisgovernmentsupporttoincreasethefinancial feasibilityforinfrastructureprojects.someinfratructureprojects mightneedthisfacilitye.gtollroad,watersupply,etc.mof RegulaOonregardingVGFhasbeenenactedMoFRegulaOon/PMK 223/2012); h. LandCapping:governmentsupporttodecreaseriskof unpredictableincreaseoflandprice; i. LandAcquisiOonRegulaOonswereenacted:! NewLandAcquisiOonLaw2/2012onLandProcurementfor ConstrucOoninthePublicInterest;! PresidenOalRegulaOon71/2012onMechanismofLand ProcurementforConstrucOoninthePublicInterest;! BPNRegulaOon5/2012onTechnicalGuidanceforLand AcquisiOon. 35 InvestmentOpportuni:esonPPPInfrastructure The$Investment$Coordina1ng$Board$of$the$Republic$of$Indonesia

36 FiscalandFinancialSupportforPPP 36 InvestmentOpportuni:esonPPPInfrastructure The$Investment$Coordina1ng$Board$of$the$Republic$of$Indonesia

37 MS2013&2014 OFFEREDPROJECTS Indonesia Investment Coordinating Board

38 OFFEREDPROJECTSINMARKETSOUNDING20131) 27Projects No. Projects GCA 1 Soekarno HaqaAirport JakartaRailway 2 BatamMunicipalSolid WasteManagement Ministryof TransportaOon BatamMunicipal Government 3 DanauRanauGeothermal MinistryofEnergy andmineral ResourcesMEMR) Est.Investment CostUSDmio) The#Investment#Coordina4ng#Board#of#the#Republic#of#Indonesia CurrentProgress 2,570 PromotedinNewYorkandBaliin2013 PreparedtoenterPQprocessin PromotedinNewYorkandBerlinin2013 PQannouncedon5September2013. UnderPreQualificaOonprocess N/A PromotedinNewYorkandParisin2013 PreparedtoenterPQprocessin 2014& GunungLawuGeothermal MEMR N/A PromotedinNewYorkandParisin2013 PreparedtoenterPQprocessin 2014& OkaIleAngeGeothermal MEMR N/A PromotedinNewYorkandParisin2013 PreparedtoenterPQprocessin 2014& CilamayaNewPort Ministryof TransportaOon 7 Bogor&Depok SolidWasteManagement andfinaldisposal WestJavaProvincial Government 8 Pandaan&MalangTollRoad IndonesiaTollRoad AuthorityBPJT) 1,135 PromotedinBerlin,Seoul,andBrisbane in2013 PreparaOonofDEDin2014&2015 PreparedtoenterPQprocessin PromotedinBerlinin2013 PreparedtoenterPQprocessin PromotedinSeoulandBaliin2013 PreparedtoenterPQprocessin2014 PPPBook 2013Status ProspecOve Already tendered N/A N/A N/A PotenOal ProspecOve PotenOal 38

39 OFFEREDPROJECTSINMARKETSOUNDING20132) No. Projects GCA 9 JawaBaratCoalFiredPower PlantCFPP) Est.Investment CostUSDmio) CurrentProgress P.T.PLN 3,000 PromotedinSeoul,Brisbane,andBali in2013 PreparedtoenterPQprocessin JambiCoalFiredPowerPlant P.T.PLN 1,350 PromotedinSeoul,Brisbane,andBali in2013 PreparedtoenterPQprocessin Manado&BitungTollRoad BPJT 353 PromotedinBrisbaneandParisin2013 PreparedtoenterPQprocessin CipasauranWaterSupply Municipal Government 13 SindangheulaWaterSupply Municipal Government 14 Karian SerpongWater Conveyence 15 SolidWasteTreatmentand FinalDisposalforGreater BandungArea Municipal Government WestJava Provincial Government 28 PromotedinParisin2013 PreparedtoenterPQprocessin PromotedinParisin2013 PreparedtoenterPQprocessin PromotedinParisin2013 PreparedtoenterPQprocessin 2014&2015 N/A PromotedinBerlinin2013 PreparedtoenterPQprocessin SumateraSelatan6CFPP P.T.PLN 900 PromotedinSeoulandBrisbanein 2013 PreparedtoenterPQprocessin 2014&2015 PPPBook 2013Status N/A N/A ProspecOve N/A N/A N/A N/A N/A The#Investment#Coordina4ng#Board#of#the#Republic#of#Indonesia 39

40 OFFEREDPROJECTSINMARKETSOUNDING20133) No. Projects GCA Est.Investment CostUSDmio) CurrentProgress 17 Jawa1CFPP P.T.PLN 1,450 PromotedinSeoulin2013 PreparedtoenterPQprocessin 2014& KalimantanTimur3CFPP P.T.PLN 19 KendariCFPP P.T.PLN 20 TangerangRegencyWater SupplyProject Municipal Government 21 JaOgedeRegionalWaterSupply Municipal Government 22 WesternSemarangCityWater Supply 23 Cileunyi&Sumedang&Dawuan TollRoad Municipal Government 350 PromotedinSeoulandBrisbanein2013 PreparedtoenterPQprocessin 2014& PromotedinSeoulandBrisbanein2013 PreparedtoenterPQprocessin 2014& OperatedbyPTAetraAirTangerangsince PromotedinParisin2013 PreparedtoenterPQprocessin 2014& ExpressionofInterestannouncedonJuly, PreQualificaOonisbeingprepared BPJT 1,016 PromotedinBaliin2013 PreparedtoenterPQprocessin2014 PPPBook 2013Status N/A N/A N/A N/A N/A Already tendered PotenOal The#Investment#Coordina4ng#Board#of#the#Republic#of#Indonesia 40

41 OFFEREDPROJECTSINMARKETSOUNDING20134) No. Projects GCA 24 MaloyInternaOonalPort Ministryof TransportaOon Est.Investment CostUSDmio) CurrentProgress PPPBook 2013Status 1,780 PromotedinKoreain2013 PotenOal 25 Java&4IPPProject PT.PLN 3,000 PromotedinKoreain2013 N/A 26 Java&6IPPProject PT.PLN 3,000 PromotedinKoreain2013 N/A 27 SouthSulawesi3 PT.PLN 340 PromotedinKoreain2013 N/A The#Investment#Coordina4ng#Board#of#the#Republic#of#Indonesia 41