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Schedule announced for the tender process. The request for proposals will be finished in September. Submission of tender documents will be in this coming November. Meanwhile, contract signing for the winning bidder is planned to take place in the first quarter of 2013. After that the winner must meet financial close not later than November, so by the end of 2013 the project can be built
List of the country updates
Country updates
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July 18, 2012
The consortium has closed the financing for the project
The consortium has closed the financing for the project. The equity debt ratio will be 30:70. Three banks with the same loan portion were Bank Mandiri, BRI and BNI which amounted to IDR445 billion (US...
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July 13, 2012
Four consortia have been shortlisted: * Itochu Toll, * Drydocks World LLC - PT MAP Resources Indonesia, * PT Bakrie - SNC Lavalin - ThyssenKrupp, and * China Railway Group Limited - PT Mega Guna Ganda Semesta - PT Royal Energi
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July 12, 2012
A declaration to build a coal railway network is signed today (12/07/2012) in front of the Indonesian Vice President and related ministers
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July 04, 2012
The Ministry of Transportation (MoT) has launched a Request for Expression of Interest to select a concessionaire to finance, design, construct, operate and maintain the Tanah Ampo Cruise Terminal in Karangasem Regency, Bali
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June 27, 2012
According to the Minister of Finance, the Feasibility Study will be financed by the Government and the developer is just a partner
