The government of Indonesia will tender a crude oil refinery construction project in mid April 2014. The oil refinery will be located in Bontang (East Kalimantan) and the project is based on the public-private partnership (PPP) scheme. Susilo Siswoutomo, Indonesia's Deputy Minister of Energy and Mineral Resources, said that the government is currently engaged in formulating procedures for submission of the tender bid. The Finance Ministry and Indonesia Investment Coordinating Board (BKPM) are also involved in formulating the terms of reference.
Update COVID-19 in Indonesia: 2,615,529 confirmed infections, 68,219 deaths (13 July 2021)
13 July 2021 (closed)
Jakarta Composite Index (6,012.03) -66.54 -1.09%
USD/IDR (14,146) -6.00 -0.04%
EUR/IDR (17,335) +57.05 +0.33%