Projects & Procurement, Indonesia updates

 
Updated rules on granting government guarantees in infrastructure sector
  • Indonesia
  • 20 February 2018

The Ministry of Finance has issued a regulation in order to implement provisions for the establishment of state-owned infrastructure guarantee corporations (BUPI). The regulation sets out more detailed provisions on government guarantees for infrastructure projects, as well as the nature, scope of and procedures governing such guarantees. A guarantee provided by a BUPI may cover infrastructure, political and default risks, among others.

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