JV for telecom roll-out in Indonesia
PT Mora Telematika Indonesia Tbk (Moratelindo) has signed a Memorandum of Understanding (MoU) with Mitsui & Co., Ltd. (Mitsui) at Tugu Kunstkring Paleis, Menteng, Central Jakarta, Indonesia.
The deal involves the creation of a joint venture in which 51% is owned by Moratelindo and 49% by Mitsui. Moratelindo and Mitsui will collaborate to develop passive civil and technical telecommunications infrastructure, including the construction of ducting projects, telecommunications towers, data centers and submarine cables in Semarang and generally throughout Indonesia.
Mitsui will be structuring the project and Moratelindo will facilitate relations with local authorities. The investment cost for the construction of air ducts and telecommunication towers is IDR2.64 trillion (US$170 million).
Country updates
-
-
November 04, 2022
Indonesia promotes Palapa Ring Integration PPP project
The Communication and Informatics Ministry has announced the information on the project development plan for the public-private partnership (PPP) of the Fiber Optic Backbone Network of Palapa Rin...
Read more -
October 27, 2022
PT Danareksa Persero assigned to manage Indonesia Water Fund
The Government of Indonesia has assigned PT Danareksa Persero to manage IDR15 trillion (US$962.1 million) Indonesia Water Fund to invest in projects to provide clean water access across...
Read more -
September 14, 2022
Waskita hands over two sections of Trans-Java Toll Road to INA
PT Waskita Toll Road (WTR), a subsidiary of state-owned construction giant PT Waskita Karya (WSKT), has divested two sections of the Transjavan Toll Road to the Indonesian Investment Authority (INA).&...
Read more -
September 13, 2022
Cooperation agreement signed for Kediri Airport PPP project in East Java
The Ministry of Transportation, the Government of Indonesia and PT Suryo Dhaha Investama have signed a cooperation agreement for the development of the Kediri Airport PPP proj...
Read more -
September 02, 2022
Contract awarded for Jakarta MRT Line Phase 2
Shimizu-led JV (A joint venture formed by Shimizu Corporation and PT Adhi Karya) has secured a contract for the second phase of Jakarta MRT North-South Line "CP202" in Jakarta, Indonesia. ...
Read more
