#Infrastructure
I Squared Capital, Macquarie vie for US$1 B stake in Indosat's fiber optic business
I Squared Capital and Macquarie, a global asset manager, are said to be competing to acquire a stake in the fiber optic business of PT Indosat (ISAT) or Indosat Ooredoo Hutchinson (IOH), which is estimated to be worth up to US$1 billion (Rp16.43 trillion).
President Prabowo plans to build island prison for corruptors
President Prabowo Subianto has revealed his intention to build a prison for corruptors, which will be built on an isolated island.
Indonesia eyes urban cable car network, investors show strong interest
Minister of Transportation, Dudy Purwagandhi, reveals that the government has received offers and designs for the construction of a cable car for domestic transportation.
Govt prioritizes NCICD project for Northern Java coastal region’s flooding prevention
Coordinating Minister for Infrastructure and Regional Development, Agus Harimurti Yudhoyono (AHY), said the government would prioritize the National Capital Integrated Coastal Development (NCICD) project to protect the northern coast of Java from threats of tidal flooding and land subsidence.
Mochamad Basuki Hadimuljono
Mochamad Basuki Hadimuljono was born in Surakarta, Central Java in 1954. Basuki is the current Minister of Public Works and Public Housing. Basuki is the fourth of eight children. His father was a soldier from the Army. As a child he often moved around following his father's duties.
Maruarar to visit confiscated land in Bekasi as part of 3 million houses program
Minister of Housing and Settlement Areas, Maruarar Sirait, is scheduled to visit plots of land in Bekasi, West Java, that have been confiscated under the Bank Indonesia Liquidity Support (BLBI) program which are planned to be used as sites for the contruction of the government’s 3 million housing program.
Maruarar to visit confiscated land in Bekasi as part of 3 million houses program
Minister of Housing and Settlement Areas, Maruarar Sirait, is scheduled to visit plots of land in Bekasi, West Java, that have been confiscated under the Bank Indonesia Liquidity Support (BLBI) program which are planned to be used as sites for the contruction of the government’s 3 million housing program.
Budget efficiency policy opens doors for infrastructure investment: Arsjad
The Indonesian Chamber of Commerce and Industry (Kadin) has assessed that the budget efficiency policy set by President Prabowo Subianto could open up investment opportunities for the private sector as it provides a bigger role to the private sector in infrastructure development.
Boy Thohir's consortium to begin Safari Park construction in IKN by end of 2025
Garibaldi Thohir, or Boy Thohir, and his consortium have ensured that the construction of the Safari Park in the Nusantara Capital City (IKN), East Kalimantan, will begin no later than the end of 2025, with the government having prepared 225 hectares (ha) of land for this project.
Budget savings will not affect infrastructure projects: Yuliot
Deputy Minister of Energy and Mineral Resources (ESDM), Yuliot Tanjung, has affirmed that the government's budget savings initiative will not impact infrastructure projects as budget reduction only applies to ministerial and institutional expenditures, not infrastructure spending.
Challenges in housing program: Certification issues affect 3 million homes, BTN takes action to resolve
The Ministry of Housing and Settlement Areas (PKP) said the 3 million housing program is currently facing challenges related to home ownership certification.
OIKN denies rumors of halted IKN construction, reaffirms development progress
The Nusantara Capital City Authority (OIKN) denied reports that the construction of the new capital city had stopped and workers would be sent back to their home regions due to budget efficiency.