Global Trade Alert
Global Trade Alert

Indonesia: Provided equity investment of IDR 7.5 trillion to PT Hutama Karya

Announcement

11 Dec 2020

In December 2020, Indonesia provided IDR 7.5 trillion (USD 529.8 million) in the form of equity participation to PT Hutama Karya to help the company's problem with liquidity due to the Covid-19 pandemic.

 

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

11 Dec 2020

Revocation date:

No revocation date

Updated: 11 Dec 2020
Capital injection and equity stakes (including bailouts) In force

On 11 December 2020, Indonesia issued Government Regulation No.71/2020 to inject IDR 7.5 trillion (USD 529.8 million) in the form of state equity participation to PT Hutama Karya in order...

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