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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$47 million) each. While BCA IDR200 billion (US$21 million), BTN IDR104 billion (US$11 million), and BPD Bali IDR100 billion (US$10.5 million)
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
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
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
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
June 26, 2012
Some consortia have presented refutations to the results
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