The Business Times

International

The Business Times
Subscribe
Share on FacebookShare on TwitterView more
The Business Times
Create a free account with Business Times for seamless access across SPH Media products.
REGISTER
LOGIN

International

Indonesia launches infrastructure investment fund: SOE ministry

Published Thu, Jun 28, 2018 · 04:42 AM
Share this article.

[JAKARTA] Indonesia's state-owned enterprise ministry said on Thursday it has launched an infrastructure fund, PT Bandha Investasi Indonesia, to target assets of 1.8 trillion rupiah (S$172.4 million) in "several years".

"The aim of the fund would be to finance 4 trillion rupiah worth of infrastructure projects currently in the pipeline," director of PT Bandha Investasi Anneta Hasan told Reuters.

The new private investment company would be formed as a sub-unit of PT Bahana Pembinaan Usaha Indonesia (Persero) and Danareksa Capital, the ministry said.

REUTERS

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to  t.me/BizTimes

International

SUPPORT SOUTH-EAST ASIA'S LEADING FINANCIAL DAILY

Get the latest coverage and full access to all BT premium content.

SUBSCRIBE NOW

Browse corporate subscription here