Following the state visit by South Korean President Moon Jae-in to Indonesia last week, the East Asian country has laid out concrete plans to get involved in Indonesia’s infrastructure projects through both government loans and private sector financing.In a meeting between Public Works and Public Housing Minister Basuki Hadimuljono and South Korea’s Minister of Land,...Continue Reading
Japan will soon disburse a 118.9 billion yen (US$ 1.05 billion) loan in a move that will allow Imdomesia to kick off construction of Patimban Port in Subang, West Java, early next year. Both parties signed a loan agreement for the project on Wednesday after inking another agreement that specified the approved terms, technically known...Continue Reading
