#Infrastructure
The extension of Indonesia High Speed Train will be to Yogyakarta
The operator of the Jakarta-Bandung High Speed train, PT Kereta Cepat Indonesia-China (KCIC), reveals that the Whoosh high-speed railway line to Surabaya will be held in stages, with the first phase of extension will be to Yogyakarta.
Minimum standard internet speed to be implemented to improve industries
Speedtest data reveals that Indonesia is addressing its lagging internet speed compared to neighboring countries, ranking 9th out of 11 ASEAN member nations.
B.Braun installs solar power plant for 25 percent emission reduction
German pharmaceutical manufacturer B.Braun Indonesia has launched a 1.2 MWp solar power plant (PLTS) at its pharmaceutical factory in Karawang, West Java.
Link Net explores US$ 500 million fundraising for business expansion
PT Link Net (LINK), a prominent player in Indonesia's telecommunications sector, is considering a strategic move to sell shares in its fiber business, aiming to secure a substantial fund infusion of US$ 500 million (IDR 7.8 billion).
JICA to provide US$ 3 billion for MRT East-West phase 1 stage 1 project
The Coordinating Ministry for the Economy reveals that the Japan International Cooperation Agency (JICA) is committed to supporting the implementation of the National Strategic Project for MRT East-West Phase I Stage I in Jakarta.
President Jokowi inaugurates Nusantara logistic hub in IKN
President Joko “Jokowi” Widodo officially laid the foundation stone, marking the groundbreaking ceremony for the Nusantara Logistics Hub in the National Capital City (IKN) in Penajam Paser Utara Regency, East Kalimantan, on Wednesday, January 17, 2024.
OIKN hints of increased investment interest amidst 2024 Election buzz
The Capital City Authority of Nusantara (OIKN) announces a continuous increase in investment interest through the submission of Letters of Intent (LoIs) for the development of the Nusantara Capital City, despite the 2024 General Elections preparation.
Telkom ready to inject Rp280 billion for IKN development
"We are investing according to the needs set by the National Capital City Authority (OIKN). In the early stages, we are investing gradually at the amount of Rp280 billion," Telkom's Vice President of Network/IT Strategy, Rizal Akbar, said on Monday.The investment by Telkom Indonesia to ensure that all telecommunication network requirements specified by the OIKN are completed before the celebration of Indonesia's 79th Independence Day on August 17, 2024.Rizal also explained that a portion of the initial investment of Rp280 billion by Telkom Indonesia would be used to support the construction of fiber optics in the Core Government Center (KIPP) 1A area. "[Then the investment] to build towers, construct smart poles, and also establish WiFi access there," he added.Previously, Deputy for Infrastructure and Facilities of OIKN, Silvia Halim, said that they had designated two business entities to accelerate the infrastructure development in IKN. These chosen entities are PT Telkom Indonesia and PLN Icon Plus, a subsidiary of State electricity company PT PLN."We have run a limited selection process last year. Why limited? Because from the urgency aspect of time, we need to be operational by August 2024," she said.Silvia revealed that the selected business entities had passed the selection process by meeting at least two main criteria, including having the necessary permits when starting the construction process and having physical infrastructure in East Kalimantan. "The process has been carried out, and we finally determined two business entities, namely PT Telkom Indonesia and Icon Plus, to provide telecommunication infrastructure in the form of fiber optics and base transceiver stations. This way, other business entities can collaborate with them," she concluded.
Strategic status granted to Malaysia's Taipan gas project in West Papua
The gas project managed by Genting Oil Kasuri Pte Ltd (GOKPL) in the Kasuri Block, West Papua, has officially obtained national strategic project (PSN) status earlier this year.
Giant Dam soon to supply water to Rebana Region
The Ministry of Public Works and Housing (PUPR) has announced the completion of the Rp 2.06 trillion (US$ 133 million) Cipanas Dam in Sumedang regency, West Java, that is expected to contribute to water, food and energy security while simultaneously fostering new economic growth for its surrounding communities.
Ministry initiates design for Immersed Tunnel in IKN
The Ministry of Public Works and Housing has embarked on the design phase for the first immersed tunnel road project in Indonesia, located in the new Capital city of Nusantara (IKN).
Indonesia needs US$ 1.7 trillion for water infrastructure by 2030
The investment requirement for water infrastructure until 2030 is estimated to reach US$ 1.7 trillion (IDR 26,380 trillion) that the government needs an investment of up to IDR 3,832 trillion per year starting in 2024.