Investment and Risk

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Investment minister inaugurates KCC Glass Factory operation in Batang Industrial Zone

Minister of Investment, Rosan P. Roeslani, officiated the initial production at PT KCC Glass Indonesia's facility in the Batang Integrated Industrial Zone (KIT), Central Java.

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ESDM ministry to continue Dumai-Sei Mangkei gas pipeline project

The Ministry of Energy and Mineral Resources (ESDM) has planned to proceed with the construction of the Dumai-Sei Mangkei gas transmission pipeline in Sumatra and target its completion in 2027.

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PLN NP collaborates with local governments on biomass development

PLN Nusantara Power (PLN NP), in partnership with PLN Energi Primer Indonesia (PLN EPI) on Tuesday, October 1, 2024, set up collaboration with three regional administrations to utilize critical land for sowing biomass that will be used to generate coal-fired power plants (PLTU) and to provide training on multifunctional plants to local communities.

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Feasibility study for Jakarta-Surabaya HSR targeted for completion by year-end

The Ministry of Transportation aims to complete the feasibility study for the extension of the Jakarta-Bandung high-speed rail (HSR) to Surabaya by the end of this year.

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Tripatra invests in biofuel ecosystem technology, infrastructure in Indonesia

PT Tripatra Engineers and Constructors (Tripatra) has invested in the development of biofuel ecosystem technology and infrastructure, playing an active role in the development of biofuels, including building production and distribution plant facilities.

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Medco’s FPSO Marlin Natuna completed, ready for oil production in Natuna Block

Contractor of Cooperation Contract (KKKS) Medco E&P Natuna Ltd has revealed that the construction of floating production storage and offloading (FPSO) Marlin Natuna has been completed at The Sail Away Ceremony of Indonesia 1st FPSO Conversion Project.

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Cirebon-Semarang gas pipeline phase 2 project, a major step towards energy independence

Bahlil Lahadalia, Minister of Energy and Mineral Resources (ESDM) inaugurated the first welding of the Cirebon-Semarang (Cisem) gas transmission pipeline project phase 2 on September 30, 2024.

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Jasa Marga and partners set up joint venture for Bogor-Serpong toll road development

State-owned toll road operator PT Jasa Marga (JSMR) has joined forces with three major construction companies to set up PT Bogor Serpong Infra Selaras, a toll road business entity (BUJT), that will develop the Bogor-Serpong toll road via Parung aimed at enhancing connectivity at neighboring West Java and Banten provinces.

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Medco E&P begins first gas flow from West Belut project

Medco E&P Natuna Ltd (Medco E&P) officially started the first gas flow, or onstream, from the West Belut Project in the South Natuna Sea Block B on Wednesday, September 11, 2024.

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PGE-PLN IP to form joint venture for geothermal power plant development

PT Pertamina Geothermal Energy (PGE) and PT PLN Indonesia Power (PLN IP) are set to form a joint venture to integrate co-generation technology in the development of a 230 MW geothermal power plant (PLTP).

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Sinarmas Group to build cutting-edge data center in Jakarta

Sinarmas Group, in partnership with LG CNS Co Ltd, has planned to construct an advanced data center in Kuningan, South Jakarta, with a project value of Rp4.7 trillion (US$300 million).

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Government plans US$10.8 billion Bali LRT project with South Korean investors

The Indonesian government is planning to build a Light Rail Transit (LRT) system in Bali, with a project value of US$10.8 billion (Rp167 trillion).

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