June 28, 2018 / 3:25 AM / 6 months ago

Indonesia launches infrastructure investment fund - SOE ministry

June 28 (Reuters) - Indonesia’s state-owned enterprise ministry said on Thursday it has established a new infrastructure funding company, PT Bandha Investasi Indonesia, to target assets of 1.8 trillion rupiah ($126.09 million) in several years.

The new private investment company would be formed as a sub-unit of PT Bahana Pembinaan Usaha Indonesia and Danareksa Capital, the ministry said.

$1 = 14,275 rupiah Reporting by Cindy Silviana, Editing by Sherry Jacob-Phillips

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