DP World alongside its partner Caisse de dépôt et placement du Québec (CDPQ) has signed a long-term agreement with Indonesia's conglomerate Maspion Group to start the construction of an international container port and industrial logistics park in Gresik. Work on the projects is expected to begin in the third quarter of 2021, with a total investment of up to US$ 1.2 billion.
Under the agreement, a joint venture company will be established between DP World and CDPQ's global investment platform and Maspion Group, the first of its kind in the Indonesian transportation sector involving a foreign direct investor (FDI) partner and a private sector Indonesian company.
Satelit Nusantara Tiga (SNT) and Thales Alenia Space, Joint Venture between Thales (67%) and Leonardo (33%), announced financial closing to fully develop the SATRIA program dedicated to reducing the d...
Read morePerusahaan Listrik Negara in Indonesia has secured US$ 310 million in funding from Asian Infrastructure Investment Bank (AIIB) for power distribution infrastructure PPP concession in East Java and Bal...
Read moreRoatex Ltd received official notification from the Ministry of Public Works and Housing that it has been awarded as the winner of the public tender for the Procurement for Public Partnership for Multi...
Read moreMinistry of Public Works and Housing in Indonesia has selected Roatex Ltd r for the Procurement for Public Partnership for Multi-Lane Free Flow Transaction System. The project's first phase will...
Read moreThe government of Indonesia has awarded the Korea Water Resources Corporation consortium (K-water) an order to develop a tap water supply system from Karian Dam to Jakarta province. The project e...
Read more