#Infrastructure
Kobexindo allocates US$ 4 million Capex for equipment rejuvenation
Heavy equipment distributor PT Kobexindo Tractors Tbk (KOBX) has allocated US$ 4 million Capital expenditure (Capex) in 2023 for operations and heavy equipment rejuvenation.
Indosat sets IDR 13 trillion Capex for digitalization process
Leading digital communications provider PT Indosat Ooredoo Hutchison Tbk (ISAT) will allocate Capital expenditure (Capex) worth IDR 13 trillion (US$ 857 million) in 2023 for digitalization process and customer experience.
Waskita Sriwijaya Tol receives IDR 462.61 billion capital injection
PT Waskita Sriwijaya Tol (WST) has received additional capital injection of IDR 462.61 billion (US$ 30.53 million) to optimize its performance.
Blue Bird provides IDR 2 trillion Capex to buy 6,000 new vehicles
Indonesia's biggest taxi operator PT Blue Bird Tbk (BIRD) will expand its business by providing IDR 2 trillion (US$ 132 million) capital expenditure (Capex) to purchase 6,000 new vehicles in 2023.
Mitra Keluarga to expand business with 3 new hospitals
Hospital operator PT Mitra Keluarga Karyahealth Tbk (MIKA) has prepared IDR 800 billion (US$ 52.8 million) capital expenditure (Capex) in 2023 for adding 3 new hospitals, purchasing medical equipment and improving service quality.
Pertamina Hulu Energi sets IDR 86.26 trillion Capex to acquire rights for Masela block
PT Pertamina Hulu Energi (PHE) has allocated IDR 86.26 trillion (US$ 5.7 billion) Capital expenditure (Capex) in 2023to acquire Shell's 35% participating interest (PI) in the Liquefied Natural Gas (LNG) Abadi Masela block.
Telkom budgets IDR 40 trillion Capex in 2023
Indonesian multinational telecommunications conglomerate PT Telkom Indonesia Tbk (TLKM) has budgeted IDR 40 trillion (US$ 2.64 billion) Capital expenditure (Capex) for 2023, or 25% of the total estimated revenue, for developing mobile, broadband and data center.
Wijaya Karya Beton eyes IDR 8.6 trillion contracts on infrastructure projects
PT Wijaya Karya Beton Tbk (WTON), a subsidiary of state-owned construction company PT Wijaya Karya Tbk (WIKA), has eyed IDR 8.6 trillion (US$ 570.4 million) contracts to support the government's massive infrastructure projects.
Dharma Satya Nusantara allocates IDR 800 billion of Capex in 2023
Palm oil and wood products producer PT Dharma Satya Nusantara Tbk (DSNG) has allocated IDR 800 billion (US$ 53,152,800) Capital expenditure (Capex) in 2023 for the construction of two palm oil factories.
J Resources Asia Pasifik sets US$ 100 million Capex for 2023
Gold producer PT J Resources Asia Pasifik Tbk (PSAB) has set US$ 100 million in Capital expenditure (Capex) for 2023, mostly for its Doup gold mining project.
Bank Central Asia allocates IDR 8.7 trillion Capex for new data center
The largest privately owned PT Bank Central Asia Tbk (BCA) allocates Capital expenditure (Capex) of IDR 8.7 trillion (US$ 583.7 million) in 2023 for a new data center infrastructure.
Chinese company to invest US$ 3 billion in silica sand mining in Bangka-Belitung Islands
Bangka-Belitung Islands province's fame as a mining source of silica or quartz sand and rare earth minerals, has attracted a Chinese company to invest US$ 3 billion.