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Indonesia’s Adhi Karya Ready to Build LRT Lines to Bogor

Jakarta (TheInsiderStories) - Publicly listed company, PT Adhi Karya Tbk (IDX: ADHI), ready to build light rail transit (LRT) lines Cibubur - Bogor starting...

Target Aggressive Growth, Adhi Karya to Issue US$71.36M Bond

JAKARTA (TheInsiderStories) — Indonesia’s infrastructure state-owned enterprise, PT Adhi Karya Tbk (ADHI) will release Rp1.02 trillion (US$71.36 million) bond, as the company has several...

Indonesia’s Adhi Karya to Construct Solo-Yogyakarta Toll Roads in 2019

JAKARTA (TheInsiderStories) - PT Adhi Karya Tbk (IDX: ADHI), a state-owned construction company, aims to start the construction of the Solo - Yogyakarta toll road...

Jakarta’s First LRT to Launch in August After Palembang

JAKARTA (TheInsiderStories) - After the first light rapid transit (LRT) in Palembang, South Sumatera tested by President Joko Widodo on July 13, the government...

Elevated Project Moratorium Pressures Private Contractors

JAKARTA (TheInsiderStories) – The Government's emergency decision to halt all elevated transportation projects across the country will certainly exert an impact on private contractors involved in...

Railway Firm KAI, Adhi Karya Sign LRT Contract Amendment

JAKARTA (TheInsiderStories) - State-owned railway company PT Kereta Api Indonesia (KAI) and state-owned construction company PT Adhi Karya Tbk (IDX:ADHI) on Tuesday (19/12) signed...

Jasa Marga Encouraged to Buy Waskita’s Divested Toll Roads

JAKARTA (TheInsiderstories) – State-owned toll road operator PT Jasa Marga Tbk (IDX:JSMR) has the opportunity to become the majority owner of the Trans-Java toll...