Investment Coordinating Board

Indonesia sets up China desk to lure investments


Indonesia’s Investment Coordinating Board (BKPM) has set up a China desk to attract more investments from the Asian economic giant.

UPC Sidrap, OPIC join hands to develop $120m wind farm in Indonesia

PT UPC Sidrap Bayu Energi, a subsidiary of US renewable energy company UPC Group, has signed financing deal with Overseas Private Investment Corporation (OPIC) of US worth $120 million to finance the development of Indonesia’s largest wind farm in South Sulawesi.

Indonesia railway operator KAI to invest $579.71m in 2016

State own railway operator PT Kereta Api Indonesia (KAI) is preparing a capital expenditure plan of Rp8 trillion ($579.71 million) to help increase the freight transport business in 2016. According to the chief executive officer (CEO) Edi Sukmoro the fund will help in infrastructure addtion that will¬†boost the total freight… Read more »