IIF allocates Rp 4t for infrastructure projects

PT Indonesia Infrastructure Finance (IIF) is set to provide long-term financing amounting to Rp 4 trillion (US$332 million) next year to help develop the country’s infrastructure sector, an executive says.

IIF vice president legal and corporate secretary Nastantio W. Hadi said the funding would be directed at the development of hydroelectric power plants, gas-fired power plants, telecommunication projects, toll roads and airports across the archipelago.

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Posted December 15, 2013 by repit in News

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