PwC in the News

Pemerintah mendorong daya tarik komersial LRT untuk menarik investor

The Jakarta Post - The government is poised to see private investment support Greater Jakarta's light rapid transit (LRT) system when it unlocks the project's commercial potential. There is now new interest from global investors, such as American global investment management firm BlackRock Inc. Coordinating Maritime Affairs Minister Luhut Pandjaitan said the government's move to be more meticulous in the commercial aspects of the project would lure in private entities to participate in the project and save more than Rp 6 trillion (US$450 million) in the state budget.

Indonesia akan dominasi pertumbuhan media di Asia Tenggara: PwC

The Jakarta Post - With internet penetration expected to reach 50 percent of the population in 2021 -- compared to 30 percent in 2016, Indonesia looks set to dominate the media market in the region in four years' time. While that figure is still low compared to neighboring countries, such as Singapore (100 percent), Malaysia (80 percent) and Thailand (68 percent), the effect on the value of the industry will be tremendous because of the fact that Indonesia is the most populous country of the region.

Kreditur swasta diajak biayai proyek-proyek transit

The Jakarta Post - The government has officially invited private lenders to participate in financing the construction of three transit oriented developments (TOD) in the country's maiden light rail transit (LRT) project. The Cibubur-Bogor track, which is part of the second phase of the LRT construction, will be offered to private sectors as it offers -- according to a study by financial consulting firm PricewaterhouseCoopers (PwC) -- an interest rate of return at 10 percent.

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