Foreign Investments Update

Central Java governor Gandjar Pranowo revealed a plan from Chinese company to build automotive component industry in the northern shore of the province. Heavy equipment company Sany Group, also from China, meanwhile, proceeds with its plan to build factory in Batam...

35000 MW Project: Progress

PT Perusahaan Listrik Negara (PLN) has on Friday (June 19) signed an engineering, procurement, and construction (EPC) contract for expansion of Grati combined cycle power plant with Samsung C&T Corporation, Lotte E&C Co Ltd, and Hutama Karya. Expansion of...

Reviewing the Land Consignment Policy

The government of Indonesia knows that land acquisition has long been the bane of infrastructure projects. New laws and regulations were thus created to improve on the country’s system of land acquisition. One of the new policies that came out as a result was...

Steel Industry: Period of Pause, China Slump

The outlook for new steel orders in China over June deteriorated from May, while expectations for flat steel prices over the coming month was also depressed, according to the latest Platts China Steel Sentiment Index (Platts CSSI), which showed a headline reading of...

Oil & Gas Journal

The Ministry of Energy and Mineral Resources (ESDM) has finalized drafting of the revision for Oil and Gas Law Number 22/2001, to be discussed further with the Lower House of Representatives (DPR) after receiving direction from the President. The discussion will focus...
Manufacturing Investments Update

Manufacturing Investments Update

China Metallurgical Group Corporation gets more projects in Indonesia. This time, MCC Beris Engineering and Research Corporation is awarded a contract for the design of stainless steel project in Indonesia from Tsingshan Iron and Steel. Tsingshan, partner in the...

Electricity Projects: Where are We?

Jokowi is an ambitious man. He plans to develop 35,000 MW in five years or 7000 MW per annum. His predecessor, SBY, launched three programs (30,000 MW combined) in 10 years, but managed to build only around 20,000 MW. Eight months have gone for Jokowi. What’s...
Steady Progress in Trans-Java Toll Road

Steady Progress in Trans-Java Toll Road

Land acquisition is still a big issue in infrastructure development. The issue can’t be solved overnight. But, we see significant progress in the trans-Java toll road, especially in sections delayed for almost one decade. This time, let’s talk about...

Corporate Actions

TELKOM — PT Telekomunikasi Indonesia (Telkom) Tbk (TLKM) plans to issue bonds worth Rp7 trillion, part of its Rp12 trillion bond issue program. The offering is scheduled for today and tomorrow (June 17-18). The bonds will be issued in 4 series with tenor of 7 years,...
Obstacles in the 35,000 MW Power Program

Obstacles in the 35,000 MW Power Program

President Joko “Jokowi” Widodo’s 35,000 MW program was launched in early May. Since then, many have wondered whether Indonesia will be able to attract investors for it. But really, even though attracting investor is a concerned, it is hardly the real...
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