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SUNDAY, January 29, 2023
Investors sounded out on Indonesian satellite

Investors sounded out on Indonesian satellite

FRIDAY, December 29, 2017

INDONESIA’S Investment Co-Ordinating Board (BKPM), with the Communications and Information Ministry, has held a pre-market sounding-out event for a public-private partnership (PPP) project on the procurement of a multifunctional satellite, an official said.

“The pre-market sounding event is not only to inform potential investors about the project, but also to obtain feedback about the investment model,” said BKPM investment plan deputy head Tamba Parulian Hutapea in a statement.
A high throughput satellite is to be procured by the Telecommunications and Informatics Funding Provision Management Agency (BP3TI).
The investment scheme for the 15-year concession is based on an availability payment with a government guarantee, according to the BPKM press statement.
It said the board had invited more than 100 participants, consisting of VSAT firms, satellite makers, telecommunications operators, financial firms and consultants.
The government needs to procure the satellite to fulfil its universal service obligation, particularly for the areas that are not served by terrestrial broadband, Tamba said.
BP3TI has identified 149,000 locations of service demand for broadband connections that could be served by the new satellite. They include education facilities, healthcare centres, police offices, defence and security buildings and other government |bodies.
Among the companies that attended the pre-market sounding and expressed their interest are Arianespace, Aerospace Industrial Development Taiwan, Aerospace Long-March International Trade, Thales Indonesia, Anhui Sun Create Electronics and PT Selindo Alpha.