#Infrastructure
EdgeConneX launches data center in Indonesia to tap into growing digital economy
EdgeConneX, a hyperlocal to hyperscale global data center company based in the United States, has inaugurated a data center in Indonesia, specifically in Cikarang, West Java.
Indonesia's Ministry of Public Works and Housing to construct 23 dams in 2024 with a 54% increase in budget
The Ministry of Public Works and Housing (PUPR) in Indonesia is set to build 23 dams in 2024, marking a 54% increase in the dam construction budget from IDR 13.99 trillion in 2023 to IDR 21.56 trillion.
Foreign investors explore opportunities in Indonesia's tourism industry and super priority destinations
Sandiaga Uno, the Indonesian Minister of Tourism and Creative Economy has revealed that 25 companies from various countries, including India, the United Arab Emirates, China, France, and Poland, are currently exploring investment opportunities within Indonesia's tourism sector.
Repair of 10 road sections, a bridge in East Kalimantan completed
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.
Gudang Garam to construct Kediri-Tulungagung toll road
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).
Increased expenditure for land acquisition in PSN reaches Rp14.3 T in 2023
The National Asset Management Agency (LMAN) reported a disbursement of Rp18.2 trillion for land acquisition in national strategic projects (PSN) throughout 2023.
Telkom's subsidiary aims to position Indonesia as a global connectivity hub
Telekomunikasi Indonesia Internasional (Telin), a subsidiary of PT Telkom Indonesia (Persero), is highly optimistic about Indonesia's potential to become a global hub for undersea cables and data centers.
Predatory pricing practices apparent in Indonesia's logistics and e-commerce sector
The logistics industry in Indonesia is currently heavily dominated by foreign companies, a fact highlighted by data from the Indonesian Digital Economic Logistics Association (ALDEI).
Private sector companies collaborates with government to build 200 apartment towers in IKN
The National Capital Authority (OIKN) has announced that the private sector is gearing up to embark on the construction of 200 apartment towers. This exciting venture will be undertaken by a consortium of 10 companies, bringing a wave of optimism for the local community.
Indonesian state-owned enterprises to embrace active engagement in ASEAN across key sectors
Erick Thohir, The Minister of State-Owned Enterprises (BUMN), has called upon Indonesian state-owned enterprises to take proactive steps in identifying and leveraging opportunities, especially within the Southeast Asian region (ASEAN).
Jokowi's push for EV hub status gains momentum with Mitsubishi Fuso and Hozon
Indonesia's extensive 12-month effort to attract investment from billionaire Elon Musk appears to have encountered a setback as Musk has chosen to establish Tesla's Southeast Asian main office in Selangor, Malaysia, a neighboring country.
ITSEC Asia (CYBR) soars 35% after succesful IPO, bolstering its cybersecurity forces
PT Itsec Asia Tbk (CYBR) sets eyes on extra capital via its initial public offering (IPO) of 1 billion shares to strengthen its cybersecurity teams in three countries: Indonesia, Singapore, and Australia.