Global Trade Alert
Global Trade Alert

Indonesia: Government provided an IDR 6 trillion capital injection to PT Wijaya Karya

Announcement

28 Mar 2024

In March 2024, the government of Indonesia injected an IDR 6 trillion (USD 377.84 million) in the form of state equity participation to PT Wijaya 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

28 Mar 2024

Revocation date:

No revocation date

Updated: 28 Mar 2024
Equity stake In force

On 28 March 2024, the government of Indonesia issued Regulation No.15/2024, injecting IDR 6 trillion (USD 377.84 million) in the form of state equity participation to PT Wijaya Karya. 

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