Indonesia's wealth fund signs $2.7 billion toll road investment agreements

  • 📰 ChannelNewsAsia
  • ⏱ Reading Time:
  • 19 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 66%

Australia News News

Australia Australia Latest News,Australia Australia Headlines

JAKARTA : Indonesia's sovereign wealth fund on Thursday signed two agreements to invest in toll roads on the islands of Sumatra and Java worth more than 39 trillion rupiah ($2.72 billion), President Joko Widodo said.The Indonesia Investment Authority (INA) signed a heads of agreement with state constructi

JAKARTA : Indonesia's sovereign wealth fund on Thursday signed two agreements to invest in toll roads on the islands of Sumatra and Java worth more than 39 trillion rupiah , President Joko Widodo said.

The Indonesia Investment Authority signed a heads of agreement with state construction firm Hutama Karya to invest in three parts of the Trans Sumatra toll road, Finance Minister Sri Mulyani Indrawati said. INA also signed a confirmation on the start of a transaction with Waskita Toll Road, a unit of Waskita Karya , for two parts of the Trans Java toll road, she said.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 6. in AU
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Australia Australia Latest News, Australia Australia Headlines