The World Bank Executive Directors Agency has approved a USD 450 million funding to support the Indonesian government in expanding the affordable housing program for lown-income people. The approval was signed on March 17, 2017. Chief Representatives of the World … Continue reading →
State-owned PT Angkasa Pura II, the operator of Soekarno-Hatta International Airport, is committed to adopting smart airport principles in a bid to improve its operational efficiency. PT Angkasa Pura II president director Muhammad Awaluddin in a press release yesterday explained … Continue reading →
An Indonesian company operating in engineering and construction, PT. Wijaya Karya (WIKA), will be involved in a project to build 8,000 houses in Saudi Arabia with an investment value of US$2 billion. The Chairman of the Indonesian Chamber of Commerce … Continue reading →
Saudi Arabia will be exploring investment opportunities in Indonesias non-oil and gas sectors, especially in the tourism, housing, healthcare, and logistics sectors. Saudi Arabia is looking to expand its investment outside the oil and gas sector as there are other … Continue reading →
King Salman bin Abdulaziz al-Saud State-owned met with President Joko Widodo at the Bogor Palace yesterday. In the meeting, Saudi Aramco agreed to invest USD6 billion or roughly IDR80.1 trillion. Foreign Minister Retno Marsudi said that Jokowi has welcomed the … Continue reading →