Global Trade Alert
Global Trade Alert

Indonesia: Government provided an IDR 28.88 trillion capital injection to PT Hutama Karya

Announcement

12 Dec 2023

In December 2023, the government of Indonesia injected an IDR 28.88 trillion (USD 1.84 billiion) in the form of state equity participation to PT Hutama Karya to improve the capital and business capacities of the company.

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

12 Dec 2023

Revocation date:

No revocation date

Updated: 12 Dec 2023
Equity stake In force

On 12 December 2023, the government of Indonesia issued Regulation No.55/2023, injecting IDR 28.88 trillion (USD 1.84 billiion) in the form of state equity participation to PT Hutama Karya. 

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