IPC secures $365 million in loans for Kalibaru Port development
State-run lenders Bank Mandiri and Bank Negara Indonesia (BNI) have agreed to provide Rp 4 trillion (US$365.46 million) in loans to Pelindo II to help the port operator finance the development of Kalibaru Port, also known as New Priok. Each of the lenders will disburse Rp 2 trillion to Pelindo II, which has been
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