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View all search resultsAdhi-Karya
Companies 1 year ago
PREMIUM
Adhi Karya seeks Rp 2t back pay from govt for Jabodebek LRT
Adhi Karya has asked the government to resolve almost $130 million in outstanding payments for the Greater Jakarta LRT project so it can meet its its obligations to vendors, an issue that has only been compounded by last month's sweeping budget cuts.
Regulations 2 years ago
PREMIUM
Ministry seeks additional $1.68b for struggling construction SOEs
The State-Owned Enterprises (SOEs) Ministry says it plans to request an additional Rp 25 trillion (US$1.68 billion) from state coffers this year to aid several state-run construction firms, many of which are burdened by debt.
Companies 3 years ago
State-run developer ADHI to launch rights issue to fund strategic projects
PT Adhi Karya (ADHI) is seeking to raise trillions of rupiah in a rights issuance scheduled for October to finance the state-owned firm’s infrastructure projects, including a toll road linking Yogyakarta to its nearby international airport.
City 6 years ago
PREMIUM
Developer seeks piece of transit-oriented development trend
PT Adhi Commuter Properti, which develops apartment complexes integrated with public transit, hopes to sell over 4,000 units, totaling Rp 2.2 trillion (US$160.5 million), this year. It predicts high demand for transit-oriented development (TOD), such as in areas near the Greater Jakarta LRT, which, once in operation, will connect the capital city to peripheral areas.
City 6 years ago
PREMIUM
Jokowi praises curved LRT overpass, as well as its female designer
The Greater Jakarta LRT or LRT Jabodebek's curved section in Kuningan, South Jakarta, has not only received two awards from the Indonesian World Records Museum (MURI) but also praise from President Joko “Jokowi” Widodo.
City 6 years ago
PREMIUM
Modern trains and fare set for Greater Jakarta LRT, construction races to meet 2021 operational schedule
According to publicly listed state-owned builder PT Adhi Karya Tbk, the project is 55.13 finished as of Oct. 4 and the first LRT train has been placed at Harjamukti Station in Cibubur, East Jakarta.
City 6 years ago
PREMIUM
Jakpro dismisses complaint over BMW stadium tender process
City-owned developer PT Jakarta Propertindo (Jakpro) is set to proceed with the construction of mega project the Jakarta International Stadium in Tanjung Priok, North Jakarta, despite objections from the losing bidder over the result of the tender.
