Waskita Seeks IDR3Trn of Loans

Waskita Karya, Tbk (WSKT IJ) will ramp upped the acquisitions of 60% Kresna Kusuma Dyandra Marga (KKDM) before the end of this year. KKDM is the concession holder ofBekasi-Cawang-Kampung Melayu toll road segment. Afterwards, the company will participate in relaunching the toll segment by allocating IDR3.9Trn for 11 Km section 1 development. The toll road itself is ~22 Km that is divided into 2 sections. Section 2 is 10.04Km with Jaka Sampurna-Duren Jaya route. Total investment cost for the whole tollway is estimated at IDR7.2trn. Meanwhile, WSKT is targeting IDR20trn of new contracts in 2015.

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Central Bureau of Statistic Records Decline in Rice Prices

Interest Rates Declining still Continue