69 articles in Indonesia
Singapore-listed minnow Moya has swallowed Acuatico, a rival developer with nearly ten times its revenue. The deal was made possible by the backing of tycoon Anthoni Salim, whose interests extend to Filipino concessionaire Maynilad. What will come next?
Multilaterals provide assistance at the birth of the Indonesian Development Bank Vol 18, Issue 5 (May 2017)
Indonesian PPP financier SMI is absorbing hundreds of millions of dollars from international financing institutions and commercial lenders as it transitions into a national development bank. As facilitator, lender and advisor, its competencies are in high demand.
A draft of a Ganga Act, which would legislate on crimes against the river, was handed to the Indian Minister of Water Resources, River Development and Ganga Rejuvenation on 12 April.
The future role of PPPs in Egypt’s water infrastructure development looks uncertain after the country’s government made a U-turn on the massive Abu Rawash wastewater project and decided to fund it directly – more than a year after...
Singaporean desalination supremo Hyflux’s great sell- off continued to evolve this month, with a 70% stake in its landmark Tuaspring IWPP the next to be put on the block. The chances are that the divestment has been on the cards for a while, but the timing of the announcement...
Indonesian authorities are hoping they can capitalise on the momentum behind the financial close of the Umbulan Spring water supply project to revive other water PPPs previously rejected by bidders in 2015...
Meanwhile, observers were surprised to see the authorities in Mongolia pump life back into a wastewater BOT tender which was abandoned both by experienced developers and the project evaluation committee last year...
The return of the Bandar Lampung and Pekanbaru water PPPs, which previously faltered at the tender stage, underscores the Indonesian government’s commitment to mobilise private finance for infrastructure. What lessons have been learned?
Privately held Chinese water project developer Poten Environment is due to list on the Shanghai stock exchange on 17 February. Venture capital-backed CSD Water Service is likely to be next, after it received approval to sell a 25% post-money stake via a Shanghai IPO.
As Jakarta mulls large-scale MBR facilities, wastewater utility head Teguh Subekti is looking at new ways to make expansion sustainable. Tariff reform and a merger with the water utility are the next steps.
The deadline for United Engineers Limited to close the sale of Singaporean EPC firm UES Holdings to China’s largest private investment fund, China Minsheng, has been delayed until 30 September 2016.
As Indonesia’s water BOT market starts up again, state-owned companies are in prime position. New water PPP regulation, meanwhile, is restricting private roles in distribution.
Southeast Asia’s growing energy demand and the imposition of stricter environmental standards are sparking a new wave of interest and investments in technologies to treat palm oil mill effluent (POME).