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ICT Palapa Ring Offshore Fiber-Optic Cable: East Package Indonesia - Project Profile

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Synopsis


"ICT Palapa Ring Offshore Fiber-Optic Cable: East Package Indonesia - Project Profile" contains information on the scope of the project including project overview and location. The profile also details project ownership and funding, gives a full project description, as well as information on contracts, tendering and key project contacts.

The "ICT Palapa Ring Offshore Fiber-Optic Cable: East Package Indonesia - Project Profile" is part of Timetrics database of 82,000+ construction projects. Our database includes a 10+ year archive of completed projects, full coverage of all global projects with a value greater than $25 million and key contact details for project managers, owners, consultants, contractors and bidders.

Summary


The Ministry of Communication and Information Technology, Indonesia (ICT) is undertaking the construction of an offshore fiber-optic cable line in Indonesia.

The project involves the construction of an 8,454km submarine fiber-optic cable connecting East Nusa Tenggara, Maluku, West Papua and Papua. It includes the digging of trenches, the installation of amplifiers and safety systems, and the laying of cables.

Hanafiah Ponggawa & Partners has been appointed as a legal advisor.

On July 17, 2016, PT Palapa Timur Telematika (PTT), a consortium of PT Inti Bangun Sejahtera Tbk (IBST), PT Smart Telecom (PST) and PT Mora Telematika Indonesia (Moratelindo) secured the construction contract.

On March 27, 2017, PT Palapa Timur Telematika secured a US$300 million syndicated loan from five banks led by PT Bank Negara Indonesia (Persero), consist of Bank BNI Tbk (BBNI), ICBC Indonesia, Bank Papua, Bank Maluku Malut and Bank Sulselbar.

BBNI provided US$157.7 million, ICBC Indonesia US$97.6 million, Bank Papua US$22.5 million, Bank Sulselbar US$15 million and Bank Malukumalut US$7.5 million for the project.

On September 29, 2016, ICT signed a construction agreement with PTT.

Construction is expected to commence in July 2017 to be completed by September 2018.

Scope


The project includes construction of an 8,454km submarine fiber-optic cable connecting East Nusa Tenggara, Maluku, West Papua and Papua in Indonesia.

The US$385 million project includes the following:

1. Digging of trenches
2. Installation of amplifiers and safety systems
3. Laying of cables

Reasons To Buy


Gain insight into the project.

Monitor the latest project developments.

Identify key project contacts.


.Key Statistics
2.Key Dates
3.Sector
4.Operating metrics
5.Tender Information
6.Scope
7.Description
8.Latest update
9.Background
0.Key Contacts
.General News, Project News
2.Appendix


List Of Tables


.Key Statistics
2.Key Dates
3.Sector
4.Operating metrics
5.Tender Information
6.Scope
7.Description
8.Latest update
9.Background
0.Key Contacts
.General News, Project News
2.Appendix


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Reports Details

Published Date : Jun 2017
No. of Pages :7
Country :Indonesia
Category :Construction
Publisher :Timetric
Report Delivery By :Email
Report Delivery Time :12 to 24 hours after placing the order.

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