Indonesian-Chinese consortium PT Kereta Cepat Indonesia-China (KCIC) has signed a loan agreement worth US$4.5 billion with China Development Bank (CDB). The agreement was reached following a bilateral meeting between President Joko Widodo and Chinese President Xi Jinping at Great Hall … Continue reading →
Russian Nuclear power generating company Rosatom is ready to build a nuclear technology and science research center in the Buluminung Industrial Estate in the Penajam Paser Utara district, East Kalimantan. At a meeting between Rosatum and East Kalimantan provincial administration … Continue reading →
Coordinating Minister for Maritime Affairs Luhut Binsar Pandjaitan said that the government will pitch a number of infrastructure projects to foreign investors at the One Belt One Road (OBOR) Summit in China. Luhut revealed that the projects are not concentrated … Continue reading →
State-owned electricity firm PLN plans to hold an auction for mine-mouth coal-fired power plants in Sumatra and Kalimantan with a total capacity of around 5,000 megawatts (MW) of electricity in the near future. “For Sumatra, the total capacity is around … Continue reading →
Luhut Binsar Pandjaitan, Indonesias Coordinating Minister for Maritim Affairs, has urged foreign investors to develop ports in the country during the 30th Conference of the International Association of Ports and Harbors (IAPH). “I will provide red carpets for you to … Continue reading →