The Minister of Public Works and Housing (PUPR) Basuki Hadimuljono stated that the construction progress of IKN Toll road Section 6B and IKN Toll Access 6C is aimed to be completed in June 2025. Currently, the physical progress of Section 6B has reached 41% with Brantas Abipraya-Bumi Karsa CPA as th... [read more]

The development of Bali Maritime Tourism Hub (BMTH) in Benoa, Bali, is planned to be completed by the fourth quarter of 2024. BMTH is one of the National Strategic Projects and it is initiated by Pelindo to transform Benoa Port into a leading maritime tourism center. BMTH is claimed to have welcomed... [read more]

PT Pelabuhan Indonesia aims to operate the Integrated Industrial Estate (KIT) Batang in the first quarter of 2025. The construction progress of this project has reached 15% and the first phase of development of the Multipurpose Terminal Batang has absorbed approximately Rp 300 billion in investment.... [read more]

The plan for East-West Line Phase 1 Stage 1 which connects Tomang in West Jakarta and Medan Satria in Bekasi with the total length of 24.5 kilometers has been officiated by President Joko Widodo on Tuesday (11th September). The funding for this project adopts the co-financing scheme with Japan Inter... [read more]

The Bank of Indonesia (BI) will soon launch an institution to manage the money and foreign exchange markets in Indonesia, known as the Central Counterparty (CCP). CCP will be launched on 30th September 2024 with 8 banks to join and contribute the initial capital. CCP is expected to benefit Indonesia... [read more]