Global Trade Alert
Global Trade Alert

Indonesia: Government provided an IDR 18.6 trillion capital injection to PT Hutama Karya

Announcement

25 Apr 2024

In April 2024, the government of Indonesia injected IDR 18.6 trillion (USD 1.14 billion) in the form of state equity participation in 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

25 Apr 2024

Revocation date:

No revocation date

Updated: 25 Apr 2024
Capital injection and equity stakes (including bailouts) In force

On 25 April 2024, the government of Indonesia issued Regulation No.18/2024, injecting IDR 18.6 trillion (USD 1.14 billion) in the form of state equity participation in PT Hutama Karya. 

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