Indonesia Dealbook: Medco buys Jakarta office tower for $167m; Pertamina to invest $5.31b in 2016

Listed oil and gas company PT Medco Energi Internasional Tbk (MEDC) is set to take full control of PT Api Metra Graha, the owner of the energy office tower in Jakarta’s central business district. Another state-owned energy company PT Pertamina has set an investment plan of $5.31 billion in 2016, up 20.7 per cent from this year.

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