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Reducing Dwell Time; Customs Clearance Moved to Cikarang

PT VUI : Doing Business in Indonesia Posted on October 18, 2016 by Herlina HoOctober 18, 2016

The Coordinating Minister of Maritime Affairs Luhut Binsar Pandjaitan said that customs clearance procedures will soon be conducted at Cikarang Dry Port instead of Tanjung Priok Port. He believes that it will reduce cargo dwell time to 3 days. “If … Continue reading →

Posted in Indonesia Business, Indonesia Economy, Indonesia Investment | Tagged Indonesia Economic Outlook, Indonesia Finance, Indonesia Reform Packages

Jokowi Hopes Jakarta-Surabaya Toll Road to be Connected by 2019

PT VUI : Doing Business in Indonesia Posted on October 17, 2016 by Herlina HoOctober 17, 2016

President Joko ‘Jokowi’ Widodo confirms that the progress of toll road development that links Jakarta and Surabaya has gone according to plan. He made the remark after he visited Solo-Kertosono toll project in Kilometer 23 in Waru village, Karanganyar, Central … Continue reading →

Posted in Indonesia Economy, Indonesia Investment, Indonesia Public Work | Tagged Indonesia Economic Outlook, Indonesia Finance, Indonesia Investment, Indonesia Toll Roads Projects

Pertamina, Marubeni, Sojitz to Win USD 2 billion Java-1 Powerplant Contract

PT VUI : Doing Business in Indonesia Posted on October 14, 2016 by Herlina HoOctober 14, 2016

A consortium led by state energy company Pertamina has secured first place in the bidding for $2 billion contract for 1,600 megawatts power plant Java-1 in West Java, state utility company Perusahaan Listrik Negara said on Thursday (13/10). Pertamina, which was … Continue reading →

Posted in Indonesia Economy, Indonesia Investment, Indonesia Power Plants | Tagged Indonesia Finance, Indonesia Investment, Indonesia Power Plant

Housing Infrastructure Projects Enter Auction on October 2016

PT VUI : Doing Business in Indonesia Posted on October 14, 2016 by Herlina HoOctober 14, 2016

The Public Work and Public Housing (PUPR) Ministry is planning to hold an auction on several infrastructure projects for 2017 on October 2016. The Ministry will also announce the information system for project procurement general plan (SIRUP) for 2017 in … Continue reading →

Posted in Indonesia Business, Indonesia Economy, Indonesia Investment, Indonesia Public Housing, Indonesia Public Work, Real Estate | Tagged Indonesia Finance, Indonesia Investment, Indonesia Public Housing, Indonesia Public Work

IFC invests in Aneka Gas expansion

PT VUI : Doing Business in Indonesia Posted on October 7, 2016 by Herlina HoOctober 7, 2016

International Finance Corporation (IFC), a member of the World Bank Group, participated in the Aneka Gas Industrys initial public offering, with an US$11 million equity investment. “The investment will support the development of new industrial gas plants and distribution facilities … Continue reading →

Posted in Indonesia Business, Indonesia Investment, Indonesia Oil & Gas | Tagged Indonesia Finance, Indonesia Investment, Indonesia oil & gas

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