Indonesia to Receive USD 300 Million from ADB for Geothermal Electricity Generation
An Indonesian state-owned company, PT Geo Dipa Energi (GDE) is to receive USD 300 Million from Asian Development Bank (ADB). The fund will be used to expand its geothermal power generation capacity by 110 MW through the construction and commissioning of two geothermal...
South Korean Firm to Supply Radio System to Indonesian Police
South Korean defense firm LIG Nex1 has won a deal to supply radio system to the Indonesian police. The deal is worth USD 129.4 million and the system is expected to be delivered by 2022. Previously, LIG Nex1 has worked with the Indonesian military and police when it...
Indonesian Government Taking Steps to Lure Relocating US Companies
Indonesia is currently in talks with the US government on the potential relocation of American companies operating in China to the country. According to media report, about 20 companies have expressed interest in relocating factories to Indonesia. To attract these...