Global Trade Alert
Global Trade Alert

Indonesia: Government injected a capital of IDR 3 trillion to PT Waskita Karya Tbk

Announcement

04 Oct 2022

In October 2022, Indonesia injected a capital of IDR 3 trillion (USD 199.82 million) in the form of state equity participation to PT Waskita Karya Tbk to improve the capital and business capacities of the company.

Source

Sign in to access

Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

04 Oct 2022

Revocation date:

05 May 2025

Updated: 04 Oct 2022
Capital injection and equity stakes (including bailouts)

On 4 October 2022, Indonesia issued Government Regulation No.34/2022, injecting IDR 3 trillion (USD 199.82 million) in the form of state equity participation to PT Waskita Karya Tbk. 

The o...

Sign in to see more

Threads

See all

This state act is not part of any Thread yet.