Indonesian state firms lure foreign funds with share in future revenue

Indonesian state firms lure foreign funds with share in future revenue

127.00 $
Case - Appartamenti in Affitto
Oggi 00:47
Italia
Sicily
51766 - Lietzenburger Strasse 99
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ID: 96898
Pubblicato il 4 ore fa da 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. Leggi di più

Pubblicato il 2025/01/22

Descrizione

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