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US’s IDFC to Invest US$3B for Toll Road Projects

JAKARTA (TheInsiderStories) - International Development Finance Corporation (IDFC), an independent agency under the American government, has committed to invest US$3 billion in Indonesian toll...

Indonesia’s WIKA to Issue US$429M Komodo Bonds in 2021

JAKARTA (TheInsiderStories) - Indonesia construction company, PT Wijaya Karya Tbk (IDX: WIKA) plans to issue rupiah-denominated global bonds or Komodo Bonds worth Rp6 trillion...

Indonesia’s Jasa Marga to Pursue Funding of US$213M

JAKARTA (TheInsiderStories) - Indonesian toll-road developer, PT Jasa Marga Tbk (IDX: JSMR) pursues funding of up to Rp3 trillion (US$212.76 million) for the rest...

Indonesia’s Waskita Raises Funds US$178M from Turnkey Projects

JAKARTA (TheInsiderStories) - State-owned developer, PT Waskita Karya Tbk (IDX WSKT) will receive payments from four turnkey projects that around Rp2.52 trillion (US$178.72 million), said...

Indonesia’s Hutama Karya Manages US$957M Toll Roads Projects

JAKARTA (TheInsiderStories) - Indonesia’ Toll Road Regulatory Agency has ordered state owned toll road operator PT Hutama Karya consortium to build toll road projects...

Indonesia Offers Seventh Toll Road Projects Costs US$11B This Year

JAKARTA (TheInsiderStories) - Indonesia’s Toll Road Regulatory Agency offered seventh toll road projects with an investment value of Rp151.13 trillion (US$10.79 billion) to be...