#Infrastructure
Jokowi inaugurates Digital Test House, encourages local technology industry
President Joko “Jokowi” Widodo emphasized the importance of Indonesia's transformation from a consumer to a producer in global technology industry. The president conveyed the message as he inaugurated the Indonesia Digital Test House (IDTH) at the Telecommunication Device Testing Center (BBPPT) in Depok City, West Java on Tuesday, May 7, 2024.
Luhut optimistic IKN construction 80 percent ready by August
Coordinating Minister for Maritime Affairs and Investment, Luhut B. Pandjaitan, is optimistic that the construction of the Nusantara Capital City (IKN) in East Kalimantan will reach around 80 percent by August 2024.
Indonesia books billion dollars in AI funding, seeks global role as AI developer
Indonesia has a huge of Artificial Intelligence Industry (AI) potential, with some 26.7 million workers benefiting from AI technology.
Ministry ensures electricity infrastructure development at IKN proceeds as planned
The Ministry of Energy and Mineral Resources (ESDM) has assured that the development of electricity infrastructure in the Nusantara Capital City (IKN) is progressing smoothly according to plan.
Government outlines 25-year, US$85 billion energy transition program
Kartika Wirjoatmodjo, Deputy Minister of State-Owned Enterprises (SOEs) has revealed the status of energy transition program, the longest and largest project in Indonesian history, which will take 25 years and US$ 85 billion (Rp1,377 trillion) to progress.
Mitratel maintains top rating amidst strong financial performance and growth
PT Dayamitra Telekomunikasi 'Mitratel' (MTEL) has succeeded in maintaining its corporate rating and rating on Medium Term Notes (MTN) debt securities at the idAAA level.
BritCham survey reveals high confidence on Indonesia’s investment landscape
The International Business Confidence Index (BCI) 2024 survey, conducted by the British Chamber of Commerce in Indonesia (BritCham), has highlighted Indonesia's positive trajectory as an investment destination.
Foreign investors growingly enthusiastic about Nusantara Capital City development
An executive with East Ventures, an international venture capital firm, says that the conclusion of the 2024 Indonesian general elections has influenced foreign investors' confidence in Indonesia, with many of them being increasingly enthusiastic about the development of the Nusantara Capital City (IKN).
Japan and Indonesia prepare to develop 5G open RAN infrastructure
The Japanese government has announced plans to develop a 5G Open Radio Access Network (Open RAN), an architecture concept in telecommunication networks that allows operators to select and combine hardware and software from various vendors.
Global consulting, investment firms showcase green investment potential in SE Asia
Reports from global consulting, business intelligence and investment firms − Bain & Company, GenZero, Standard Chartered, and Temasek − have identified 13 most potential decarbonization investments in Southeast Asia, amounting to US$150 billion (Rp2.434 trillion).
PUPR ministry: Getaci toll road on re-bidding stage after investor withdrawal
The Ministry of Public Works and Housing (PUPR) has announced that the Gedebage - Tasikmalaya - Cilacap (Getaci) Toll Road project is currently undergoing a re-bidding process after previous deal ended in a failure due to technicalities.
HK consortium to undertake Trans Papua Road Project
PT Hutama Karya (HK) has been named by the Ministry of Public Works and Housing (PUPR) as the winner of the bidding for the construction of the Trans Papua Road section from Jayapura to Wamena, specifically the Mamberamo-Elelim segment in Papua Mountains Province.