Indonesia Commits $2 Billion to Support Troubled State Construction Firms
Indonesia’s Ministry of State-Owned Enterprises revealed its plan on Monday to secure 30.5 trillion rupiah ($2.05 billion) in investments by 2024 for two construction firms grappling with financial challenges. The announcement came during a hearing of the parliamentary committee responsible for overseeing state investments. Any capital infusion into a state-owned company must receive approval from …
Indonesia Commits $2 Billion to Support Troubled State Construction Firms Read More »