Jakarta Administers Rp2.11 Trillion for 7 Strategic Projects
Business

Jakarta Administers Rp2.11 Trillion for 7 Strategic Projects

The Jakarta provincial government has secured a Rp2.11 trillion syndicated loan for seven strategic projects, focusing on resident housing, flood control, transportation infrastructure, and government facilities. Bank Jakarta and PT Sarana Multi Infrastruktur (SMI) are providing the financing, with emphasis on affordable housing and flood management infrastructure.

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