Bank of China provides IDR 450 billion loan to PT Waskita Karya (Persero) Tbk for working capital

$32.14M USD

Funder	Bank of China (BOC)
Recipient Organization	PT Waskita Karya (Persero) Tbk
Country	Indonesia
Start Date	Aug 31, 2021
End Date	Apr 14, 2033
Duration	4,244 days
Number of Grantees	1
Roles	Recipient
Data Source	AidData Chinese Aid
Grant ID	`108357`

Grant Description

Bank of China provides IDR 450 billion loan to PT Waskita Karya (Persero) Tbk for working capital On August 31, 2021, Bank of China extended a non-committed loan facility worth IDR 450 billion to state-owned construction firm PT Waskita Karya for working capital needs.

📋 Loan / Grant Terms

💰 Loan Amountterms are unknown

The facility was subsequently extended until November 30, 2021, and formed part of a broader master restructuring agreement involving PT Waskita Karya and 20 other banking institutions.

📚 Sources & References

Reinforcing Stability
Focused on Business Goals • PT Waskita Karya (Persero) Tbk
Financial report 2021 Waskita karya Loan applications and disbursements are still being received and processed as the projects continue to evolve. Ongoing monitoring and evaluation are in place to ensure project continuity.