President Joko Widodo received on Friday at the State Palace former Japanese prime minister (PM) Yasuo Fukuda, now chairman of the Japan Indonesia Association for Economy Cooperation, to discuss four infrastructure projects that involve the Japanese government. The four projects are the … Continue reading →
The government plans to carry out various infrastructure projects on Sumatra Island next year by allocating Rp 20.32 trillion (US$1.50 billion) in the 2018 state budget bill that need approval by the House of Representatives. Public Works and Housing Minister … Continue reading →
The government has targeted to bring in Rp 10 trillion (US$749.63 million) in non-state investments for three infrastructure projects – energy, airport and toll road – in the third quarter of 2017. “It is a solution to overcome the limited funds … Continue reading →
The Surabaya-Madura Development Agency (BPWS) held the Suramadu Investment Gathering at the Investment Coordinating Board’s (BKPM) building in Jakarta, July 31. The event was held as the central government’s form of support to regional governments to spur investments. The gathering … Continue reading →
State-owned lender Bank Negara Indonesia (BNI) has signed an agreement with 15 other banks to finance the construction of a 39.29-kilometer toll road from Pemalang to Batang—two cities in Central Jakarta. The syndicated loan agreement of the 16 banks was signed on … Continue reading →