News | KF Map Indonesia Property, Infrastructure

2024 State Revenue and Expenditure Budget Aims for 5.2% Economic Growth

Monday, 21 August 2023

President Joko Widodo has outlined that the 2024 State Revenue and Expenditure Budget (APBN) strategy, characterized by its expansive design, will be primarily directed towards cultivating excellence, innovative, integrated, and competitive human resources. Separately, the Finance Minister Sri Mulya... [read more]

BUMN Ministry Invites Collaboration for Property Sector Growth

Monday, 21 August 2023

In the State-Owned Enterprises-Private Synergy Forum, the State-Owned Enterprises (BUMN) Minister Erick Thohir invited Finance Minister Sri Mulyani Indrawati to collaborate in the effort to increase the growth of the property sector, as this sector’s growth was recorded slower than other sectors. Er... [read more]

Hutama Karya Set the Location of Pekanbaru-Rengat Toll Road

Monday, 21 August 2023

The process of determining the location for the longest toll road project in Riau, namely the Pekanbaru-Rengat Toll Road, has been completed. PT Hutama Karya (Persero) plans to construct the second phase of Trans-Sumatra Toll Road which comprises three lanes, namely Betung-Tempino-Jambi lane, Jambi-... [read more]

Probolinggo-East Gending Toll Road Operates for Free on Indonesia’s Independence Day Celebration

Monday, 21 August 2023

The final section of the Pasuruan-Probolinggo (Paspro) Toll Road, namely the East Probolinggo-Gending Section with the total length of 9.075 kilometers, has been functionally operating since Thursday, 17th August for free in celebration of the 78th Indonesia’s Independence Day. [read more]

I Gusti Ngurah Rai International Airport to Have the First MRO Facility in Bali

Monday, 21 August 2023

PT Angkasa Pura Properti, FL Technics Indonesia (PT Avia Technics Dirgantara) and PT Angkasa Pura I have agreed to develop an aircraft maintenance facility located in I Gusti Ngurah Rai International Airport, the first Maintenance, Repair, and Overhaul (MRO) facility in Bali. The construction and ma... [read more]