#Infrastructure
Indonesia Infrastructure Finance offers financing opportunities to foreign investors, companies
PT Indonesia Infrastructure Finance (IIF), a private non-bank financial institution under the Finance Ministry, is offering financing opportunities to foreign investors and companies who want to finance their projects in Indonesia.
MBSS gets credit facility from BCA to meet demand on nickel cargo
Energy shipping company PT Mitrabahtera Segara Sejati Tbk (MBSS) purchased new vessels using bank loans worth IDR570 billion in order to fulfill demand on nickel cargo transportation.
Prodia focuses on digitalization development
Clinical laboratory chain PT Prodia Widyahusada Tbk is focusing on technological advances as it has successfully implemented digitalization in coincide with the start of the COVID-19 pandemic since early March 2000.
West Java offers clean energy, infrastructure to foreign investors
West Java has offered several investment opportunities in various sectors, most importantly in renewable energy, industrial estate development and infrastructure, to foreign investors.
PT Indonet Tbk seeks new vendors for EDGE 2 project
PT Indointernet Tbk (EDGE) - more popular as Indonet - is focusing on developing its second project EDGE 2 and finishing what is left of EDGE 1. Currently, the company is still selecting vendor related to the construction of EDGE 2. Indonet’s Capital Expenditure (Capex) in 2022 reached IDR2.8 trillion and the funds came from the company’s internal assets and loans from Bank Central Asia (BCA), the country’s biggest private lender.
Cita Mineral raises its capex for infrastructure development
Mining company PT Cita Mineral Investindo Tbk has budgeted IDR42.55 billion in capital expenditure (Capex) in 2022 to be invested for infrastructure strengthening, procurement of equipment or mining support vehicles owned by the company. In 2021, the company allocated a mere IDR6.9 billion for investment, most of which was used for the Capex.
Citra Tubindo pursues geothermal power plant projects
The biggest and oldest tubular goods producer in Batam, Indonesia, PT Citra Tubindo Tbk focuses on new sources of income from renewable sources, particularly geothermal energy.
Sumber Global Energy works on waste-to-energy project, nickel mining
Mining company PT Sumber Global Energy Tbk is developing a US$69 million waste-to-energy project in West Java. This pilot project's funding will come from bank loans.
Palm kernel shells tested as biomass for PLN's coal-fired power plant
State-owned electricity company PT PLN, through its subsidiary PT Pembangkitan Jawa Bali (PJB), successfully used palm kernel shell biomass as coal replacement (co-firing) at the 2x7 MW (MegaWatts) Tembilahan coal-fired power plant in Indragiri Hilir regency, Riau Province.
Dutch firm Tidal Bridge BV to build 40 MW tidal power plant in East Nusa Tenggara
Tidal Bridge BV, an energy company from the Netherlands, resumes its plan to build a tidal energy power plant integrated with the Pancasila-Palmerah Bridge in Larantuka Strait in East Nusa Tenggara.
Kopetindo, two companies to build wood pellet plant in Bangka Belitung
The Indonesia Renewable Energy Cooperatives (Kopetindo) in cooperation with private companies of PT Biro Teknik Sinar Baru and PT Solusi Energindo Inovasi intend to establish a wood pellet factory in Bangka Belitung Province.
Brantas Energi builds four mini hydropower plants, solar power plant
State-owned company PT Brantas Energi is developing four mini-hydropower plants and one solar power plant in four locations in Indonesia.