The Indonesian government needs Rp11 trillion private investment to develop Lake Toba tourism in North Sumatra. Chinese and Singaporean investors have expressed their interest to develop supporting facilities in the tourist attraction. Lake Toba Tourism Authority official Faisal said that … Continue reading →
State-owned utility company Perusahaan Listrik Negara signed power purchase agreements worth Rp 20.4 trillion ($1.5 billion) on Thursday (16/11) with nine independent power producers that will build renewable power plants with a total capacity of 640.65 megawatts. The deal is part … Continue reading →
The Aceh Investment Forum 2017 kicked off at Shangri-La Hotel in Jakarta on Thursday to boost investment, trade and tourism sectors in the northern province of Indonesia. Governor Irwandi Yusuf said despite implementing the sharia system, the province has been … Continue reading →
The Japanese government has signed a loan agreement for Rp 14.2 trillion (US$1.04 billion) to fund the Indonesia-Japan flagship Patimban deep seaport project in Subang, West Java. The total investment for the project is Rp 17.2 trillion, said Japanese International Cooperation … Continue reading →
Japanese Prime Minister Shinzo Abe has promised to increase investment in Indonesia in the coming years on the back of the Southeast Asian nation’s strong pace of reforms to improve its business climate, Foreign Minister Retno Marsudi said on Sunday … Continue reading →