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View all search resultsThe guarantees, aimed at easing investor concerns over the megaproject’s execution and continuity, will be issued jointly by the Finance Ministry and PT Penjaminan Infrastruktur Indonesia (PT PII), the ministry’s infrastructure guarantee vehicle.
The President’s top adviser and brother has said several foreign investors have expressed interest in collaborating on national strategic projects in Indonesia's hydropower, geothermal and solar sectors alongside Danantara as coinvestor.
The Batang integrated industrial park already hosts nearly 20 companies in 10 percent of its total area of 4,300 hectares, including South Korea's LG Energy Solution and glass maker KCC Glass.