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Jakarta Post

Indonesia Eximbank to provide credit facility to PTDI

  • Anton Hermansyah
    Anton Hermansyah

    The Jakarta Post

Jakarta   /   Fri, June 1, 2018   /   07:30 am
Indonesia Eximbank to provide credit facility to PTDI Employees are pictured in the assembly hangar of PT Dirgantara Indonesia in Bandung, West Java. (JP/Marguerite Afra Sapiie)

The Indonesian Export Financing Agency, or Indonesia Eximbank, is set to provide a Rp 354 billion (US$25.5 million) export credit facility to state-owned aircraft maker PT Dirgantara Indonesia (PTDI).

Indonesia Eximbank managing director Dwi Wahyudi said on Thursday that PTDI would use the credit facility to export CN-235 turboprop aircraft to Nepal and Senegal. The loan is for one year.

Other than PTDI, state-owned train manufacturer PT Industri Kereta Api (INKA) has also received a credit facility to support the export of its trains to Bangladesh. 

PTDI finance director Uray Azhari said that both Nepal and Senegal had ordered the CN-235 for military use. The planes would be customized based on specification requests.

He added that Nepal, a landlocked state in the Himalayas, had asked PTDI to manufacture an airplane able to land on short runways.

Meanwhile, Senegal, a former French colony in West Africa, needed aircraft to reinforce its Maritime Patrol Aircraft (MPA) fleet. As the country has a 531-kilometer coastline and 4,192 square km of territorial seas, maintaining maritime security was important, he said.

"Both countries have also requested that their planes have a vehicle-carrying ability and facilities for VIP passengers. We have to deliver the planes in April 2019," said Uray. (dwa)