Sunday, April 14, 2024

Tag: Infrastructure

Minister of Public Works and Housing (PUPR) Basuki Hadimuljono has provided an update on the Nusantara Capital City (IKN) project development throughout 2023 to the Indonesian House of Representatives’ Commission V, highlighting the support for basic infrastructure development for the capital city at Rp24.97 trillion (US$1.7 billion). […]
Minister of Public Works and Housing (PUPR) Basuki Hadimuljono has disclosed the planned support allocation for the Nusantara Capital City (IKN) project in 2024, which amounts to Rp35.45 trillion (approximately $2.5 billion USD). […]
The Ministry of Public Works and Housing (PUPR) has put up for auction the Section 2B of the Bekasi – Cawang – Kampung Melayu Toll Road project or Becakayu Toll Road. […]
The Nusantara Capital (IKN) Authority is set to allocate 65 percent of the capital city, approximately 177,000 hectares, for protected areas. This is part of the authority’s efforts to preserve the environment and biodiversity in the new capital city. […]
President Joko “Jokowi” Widodo held a working visit to Central Sulawesi Province on March 26, 2024, inaugurating 15 road sections totaling 147 kilometers (km) and renewals of five airports.  […]
PT Adhi Karya (ADHI) seeks state capital injection (PMN) amounting to Rp2.1 trillion for the fiscal year 2025 to support the development of two sections of the Trans-Java Toll Road (JTT). […]
The Nusantara Capital City (IKN) Authority has unveiled a groundbreaking partnership with three prominent Malaysian investors poised to revolutionize the housing and education sectors within the burgeoning landscape of the future Capital City. […]
In light of the imminent freshwater crisis looming over the prospective Nusantara Capital City (IKN), PDAM Danum Taka, a regional tap water company headquartered in Penajam Paser Utara regency, has unveiled an extensive blueprint aimed at addressing the pressing issue. […]
The Nusantara Capital City (IKN) Authority has revealed that they have been affected by the automatic adjustment policy, resulting in a budget of Rp21 billion (approximately US$1.47 million) being blocked by Minister of Finance Sri Mulyani Indrawati. […]
The Ministry of Public Works and Housing has planned to re-auction the Gilimanuk-Mengwi toll road project this year. […]
Head of the Nusantara Capital City Authority (OIKN), Bambang Susantono, reported that the total investment inflow into IKN has reached nearly IDR 50 trillion. […]
The Ministry of Public Works and Housing is currently building the Cibeet and Cijurey Dams in West Java, costing a whopping Rp9.2 trillion ($622.4 million USD). […]
A subsidiary of PT Hutama Karya (HK), PT Hakaaston (HKA), targets revenue growth of 30 percent to reach Rp680 billion (US$46 million) throughout 2024. […]
President Joko “Widodo” Widodo has inaugurated the refurbished provincial roads in East Java Province. The refurbishment project of the roads cost Rp925 billion (US$62.6 million). […]
The Ministry of Communication and Informatics is set to build the Satria-2 satellite with a capacity of 300 Gbps, entirely funded by foreign investment. […]
Grant Thornton Indonesia has published a report titled “Unraveling Indonesia’s Prospects in 2024”, a move aimed at assisting foreign investors in better understanding Indonesia’s investment climate in 2024. […]
The Ministry of Public Works and Housing has completed the repair of 10 road sections and 1 bridge in East Kalimantan, utilizing a budget of Rp561 billion (USD 39.2 million). This significant infrastructure achievement aligns with the objectives outlined in the Regional Road Presidential Instruction (IJD) and underscores the government’s commitment to enhancing regional connectivity and fostering socio-economic development. […]
The Nusantara Capital Authority has predicted that the development of the Nusantara ndonesia Capital City (IKN) over the next 10 years will not require financing from the State Budget (APBN). […]
PT Gudang Garam (GGRM) is set to commence the construction of the 44.17-kilometer Kediri-Tulungagung toll road section in East Java, valued at Rp9.92 trillion (US$631.5 million). […]
Difference between Indonesia and Japan’s calculation on Jakarta-Surabaya High Speed Train project has apparently forced the Indonesian government to postpone the project and exclude it from the list of national strategic project. […]
The Ministry of Public Works and Public Housing (PUPR) is currently constructing the Budong-Budong Dam in Central Mamuju regency, the first dam in West Sulawesi province built under the national strategic project (PSN) scheme. […]
The largest construction company in Central Asia, BI Group of Kazakhstan, is exploring investment opportunities in the Nusantara Capital (IKN) as demonstrated by a recent visit by BI Group executives and a business delegation from Kazakhstan. […]
State electricity company PT PLN inaugurated Indonesia’s first Hydrogen Refueling Station (HRS) or hydrogen vehicle filling station located in Senayan, Jakarta on Wednesday, February 21, 2024. […]
The plan to construct a toll road with an immersed tunnel in the Nusantara Capital (IKN) is still under evaluation as its construction is projected to incur massive costs of up to Rp10 trillion (US$638.3 million), a senior government official says. […]
PT Gudang Garam (GGRM) has established a Toll Road Business Entity (BUJT) named PT Surya Sapta Agung Tol (SSAT) to undertake the Kediri – Tulungagung Toll Road project. […]
PT Kereta Api Indonesia (KAI) has signed a facility agreement with the China Development Bank for financing the cost overrun of the Jakarta-Bandung High-Speed Rail project. The loan disbursement was received on February 7, 2024. […]
Indonesia has finalized 190 National Strategic Projects (PSN) with total value of Rp 1515 trillion or US$95.8 trillion at the end of last year. […]
In a strategic move towards bolstering its infrastructure and energy capabilities, Indonesia’s Ministry of Public Works and Housing is set to auction two major dam projects – the Merangin Dam and the Bodri Dam. […]
Shares of PT Telkom Indonesia (TLKM) dropped by 1.24 percent to Rp 3,990 per share on Friday, with its trading volume in the afternoon reaching 96.18 million shares and a transaction value recorded at IDR 382.51 billion (US$243.3 million), and the market capitalization reaching IDR 395.26 trillion. […]
The Nusantara Capital Authority (OIKN) has revealed that a number of projects will soon be built under Phase 5 of the IKN groundbreaking momentum in February 2024. […]