The consortium has closed the financing for the project

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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)
List of the country updates

Country updates

  • 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

  • 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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