Global Trade Alert
Global Trade Alert

Indonesia: Indonesia Provides a Capital Injection to PT Hutama Karya

Announcement

06 Jul 2020

In July 2020, Indonesia put a capital injection to its SOEs on the construction sector, PT Hutama Karya, of IDR 3.5 trillion (USD 244.9 billion) to help the company's problem on liquidity due to Covid-19 pandemic.

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

06 Jul 2020

Revocation date:

No revocation date

Updated: 06 Jul 2020
Capital injection and equity stakes (including bailouts) In force

On 6 July 2020, the government of Indonesia issued Government Regulation No.32/2020 to inject IDR 3.5 trillion (USD 244.9 million) in the form of state equity participation to PT Hutama K...

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