Bukaka obtains loan from Exim for power project
Monday, August 21 2017 - 08:41 AM WIB
By Romel S. Gurky
Petromindo|Khalsa
IDX-listed engineering and construction firm PT Bukaka Teknik Utama Tbk said on Monday it has obtained Rp 234 billion working capital loan from Indonesia Exim Bank to finance construction of scattered power transmission and substation project in Jakarta.
The company said in a statement that the lending agreement was signed on Friday. The loan is part of a total Rp 1.99 billion loan facility obtained from the bank, the bulk of which would be used for construction of toll road projects.
No further details were provided about the loan and the transmission and substation project.
Editing by Reiner Simanjuntak