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View all search resultsLuhut said the UAE government had prepared US$22.8 billion to invest in Indonesia through a sovereign wealth fund together with Japanese conglomerate SoftBank and the United States International Development Finance Corporation.
The government plans to develop West Java’s Bekasi, Karawang and Purwakarta integrated economic and industry zone (KEIT) into a national strategic area (KSN) to further facilitate the opening of more factories in the region.
Coordinating Maritime Affairs Minister Luhut Pandjaitan has said the government is in the process of acquiring land for a toll road that will connect the new Kertajati International Airport and the West Java capital of Bandung.
Finance Minister Sri Mulyani has said the government would offer investment in infrastructure projects to potential investors from across the world who attend the IMF-World Bank meeting in Bali from Oct. 8 to 14.
Coordinating Maritime Affairs Minister Luhut Binsar Pandjaitan has prohibited Maritime Affairs and Fisheries Mister Susi Pudjiastuti from continuing her policy of sinking fishing boats caught illegally catching fish in Indonesian waters.
Maritime Affairs Coordinating Minister Luhut Binsar Pandjaitan has rejected a request from state-owned electricity firm PLN to review a power purchase agreement (PPA) with independent power producers (IPP), signed more than 10 years ago.
Coordinating Maritime Affairs Minister Luhut Binsar Pandjaitan has said that Deutsche Bank has expressed some interest in providing Indonesian state-owned enterprises (SOEs) with financing to buy shares in gold and copper miner PT Freeport Indonesia.
Interim energy and mineral resources minister Luhut Pandjaitan has vowed to pick up the pieces following the abrupt dismissal of offshore oil and gas expert Arcandra Tahar as the minister, especially on the government’s priority projects.
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