#Infrastructure
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$150 billion (Rp2.434 trillion).
Ministries to pilot test railless train construction at IKN
The Ministry of Public Works and Housing (PUPR) is gearing up to conduct a trial of railless train, or automated rail transit (ART), construction in the upcoming days at the Nusantara Capital City (IKN).
MRT Jakarta secures deal with Sojitz Corporation for phase 2A rail construction
PT MRT Jakarta sealed on Wednesday, April 17, 2024, a partnership agreement with Sojitz Corporation for the Phase 2A construction of railway tracks and signaling systems from the Hotel Indonesia turnabout to Kota, valued at IDR 4.7 trillion (about US$ 290 million).
ATLA makes debut on Indonesia stock exchange
PT Atlantis Subsea Indonesia (ATLA) made a remarkable debut on the Indonesia Stock Exchange (BEI) on April 16, 2024, raising IDR 120 billion (US$7 million), and thus becoming the 21st issuer on the exchange this year.
SPKLUs along Jakarta-Merak toll road ready to serve Electric car travelers
State electricity company PT PLN has ensured that public electric vehicle charging stations (SPKLUs) along the Jakarta-Merak Toll Road are safe and reliable to serve electric car users during the post-Idul Fitri 2024 returning traffic flow.