Indonesian construction co Hutama Karya raises $35.11m debt for Trans Sumatera toll road project

Indonesian construction co Hutama Karya raises $35.11m debt for Trans Sumatera toll road project

Indonesia’s state-owned infrastructure financing firm PT Sarana Multi Infrastruktur (SMI) has signed an agreement to provide loan worth Rp481 billion ($35.11 million) to the state-owned construction firm PT Hutama Karya for the construction of Medan-Binjai toll road section, which is part of the Trans Sumatera toll road network.

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