Indonesian state firms lure foreign funds with share in future revenue

Indonesian state firms lure foreign funds with share in future revenue

127.00 $
Immobilien zur Miete
1 week
Italia
Sicily
51766 - Lietzenburger Strasse 99
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ID: 96898
Published 1 week ago by MalindaQuen
127.00 $
Lietzenburger Strasse 99, 51766, Sicily, Italia
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By Cindy Silviana and jasa pengiriman ganja Eveline Danubrata

JAKARTA, July 8 (Reuters) - Indonesian state firms are courting foreign pension funds by offering a share in future revenue from toll roads, power stations and other infrastructure projects, as part of a presidential drive to secure $10 billion in additional inflows.

The state budget is not enough to fund President Joko Widodo's ambitious plan to expand infrastructure in Southeast Asia's biggest economy, a sprawling archipelago where the costs of moving goods around are among Asia's highest.

Widodo told Reuters this week that he had instructed ministers to market the country aggressively to investors, capitalising on Standard & Poor's May 19 upgrade of its credit rating to investment grade. Read more

Published on 2025/01/22

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By Cindy Silviana and jasa pengiriman ganja Eveline Danubrata

JAKARTA, July 8 (Reuters) - Indonesian state firms are courting foreign pension funds by offering a share in future revenue from toll roads, power stations and other infrastructure projects, as part of a presidential drive to secure $10 billion in additional inflows.

The state budget is not enough to fund President Joko Widodo's ambitious plan to expand infrastructure in Southeast Asia's biggest economy, a sprawling archipelago where the costs of moving goods around are among Asia's highest.

Widodo told Reuters this week that he had instructed ministers to market the country aggressively to investors, capitalising on Standard & Poor's May 19 upgrade of its credit rating to investment grade.

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MalindaQuen
Lietzenburger Strasse 99, 51766, Engelskirchen, Tofo Sant'Eleuterio, Umbria, Germany
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