News Coverage

• Indonesia Clears Railway Investment from Mideast – The Wall Street Journal

  Indonesia—Government officials said they had cleared a regulatory logjam holding up $1 billion in funding from Middle East investors for a railroad project, a major step forward for a nation that has failed in recent years to attract large amounts of foreign capital because of bureaucratic hurdles. For more information Click here

• Middle East Coal to invest $1.4 bn in Indonesia, Economic Times

It could soon become a model to emulate for companies wanting to export minerals from India. Singapore-based, India-oriented Middle East Coal, which owns coal mines in Indonesia, will invest $1.4 bn (about Rs 5,600 crore) in the SouthEast Asian country, as part of its deal, to mine coal and ship it to Indian power producers. For more information, Click Here

• UAE’s Ras Al Khaimah to Invest $5.2b in East Kalimantan Project – The Jakarta Globe

Shrugging off neighbor Dubai’s debt problems, the smaller United Arab Emirate of Ras Al Khaimah announced on Tuesday that it would increase its planned in Indonesia from $1 billion to $5.2 billion to develop an integrated energy project in Kalimantan. For more information Click here

• Indonesia's first private railway to boost RAK's mining interests – Gulf News

A 130-kilometre railway that will ease the transport of raw materials and finished products in and out of the East Kutai region in Indonesia's East Kalimantan Province — where the Government of Ras Al Khaimah has a major coal mining concession — is ready for construction. For more information Click here

• Indonesia’s first private railway project ready for construction – The Jakarta Post

A group of investors will soon begin building the first ever private railway in Indonesia, worth US$1 billion, as a key part of the planned development of a massive $5 billion integrated industrial facility in East Kalimantan. For more information Click here

• Investors to build first ever private railway in Indonesia, Steel Guru

The Jakarta Post reported that a group of investors will soon begin building the first ever private railway worth USD 1 billion in Indonesia as a key part of the planned development of a massive USD 5 billion integrated industrial facility in East Kalimantan. For more information, Click Here