Jakarta. The 2018 Asian Games organizing committee, under the leadership of Vice President Jusuf Kalla, will seek up to Rp 2 trillion ($150 million) in sponsorships to help fund the event.
The committee previously calculated that it would require Rp 8 trillion to host the Games, with the Indonesian government prepared to contribute a maximum of Rp 4.5 trillion.
However, Kalla earlier explained that government spending on infrastructure, including athletes' dormitories and transportation networks, such as the light rail transit (LRT) and mass rapid transit (MRT) systems, will eventually cost more than Rp 30 trillion.
"Today's meeting was focused on a sponsorship strategy in which we target state-owned enterprises and private and overseas companies to help with funding for the event," Coordinating Human Development and Cultural Affairs Minister Puan Maharani said after a meeting led by Kalla at his office in Jakarta on Thursday (30/03).
"If we could get more sponsors, then the government will reduce its contribution to the Games from the initial Rp 4.5 trillion, as stipulated by Vice President Kalla," Puan said.
"But we target income from sponsorships to be between Rp 1.5 trillion and Rp 2 trillion," she added.
Those present Thursday's meeting included Mining Deputy Minister Arcandra Tahar, Communications Minister Rudiantara, Sports Minister Imam Nahrawi, Indonesian Asian Games Organizing Committee (Inasgoc) marketing director Hasani Abdulgani, Indonesian Chamber of Commerce and Industry (Kadin) acting chairwoman Carmelita Hartoto and Indonesian Employers Association (Apindo) deputy chairwoman Shinta Kamdani.