I'm a little behind the times, but last Friday the Ministry of Communications and Information Technology announced that the West and Central packets of the Palapa Ring project had been awarded.
The project aims to connect the whole archipelago of Indonesia to broadband fibre, and is targeted to be ready for operation by 1 January 2019.
The West Packet was won by the Moratel - Triasmita Consortium with shareholding as follows:
- PT. Moratelematika Indonesia - 90%
- PT. Ketrosden Triasmitra - 10%
The Central Packet was won by the Pandawa Lima Consortium with shareholding as follows:
PT LEN (Ketua Konsorsium) - 51%
PT Teknologi Riset Global Investama (TRG) - 34%
PT Sufia Technologies - 5%
PT Bina Nusantara Perkasa (BNP) - 5%
PT Multi Kontrol Nusantara - 5%
The East Packet has yet to be awarded due to the "complexity in the field in the Eastern region."
This is more good news on what I'm already on record as calling the biggest news in Indonesian PPP that no one is talking about. All is going according to schedule so far, so I continue to be optimistic about the projects' prospects.
You can read the full press release here.