Global Trade Alert
Global Trade Alert

Indonesia: Government provided equity investment of IDR 997 billion to PT Kawasan Industri Wijayakusuma

Announcement

30 Aug 2021

In August 2021, the government of Indonesia injected IDR 997 billion (USD 69.5 million) in the form of state equity participation to PT Kawasan Industri Wijayakusuma to fund the company's project in developing an industrial complex in Batang.

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

30 Aug 2021

Revocation date:

No revocation date

Updated: 30 Aug 2021
Capital injection and equity stakes (including bailouts) In force

On 30 August 2021, the government of Indonesia issued Government Regulation No.88/2021 to inject IDR 997 billion (USD 69.5 million) in the form of state equity participation to PT Kawasan Industri ...

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