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Eximbank - WIKA Agrees on Export Financing Cooperation for Foreign Project Development


Eximbank - WIKA Agrees on Export Financing Cooperation for Foreign Project Development

PT WIJAYA KARYA (Persero) Tbk. (WIKA) together with Eximbank Indonesia collaborate on Export Financing through the National Interest Account (NIA) for projects in the African, South Asian and Middle Eastern Regions. This collaboration was marked by the Signing of a Memorandum of Understanding (MOU) conducted directly by Operation Director III WIKA Destiawan Soewardjono, WIKA Finance Director Ade Wahyu and Indonesia Eximbank Executive Director Sinthya Roesli at Indonesia Eximbank Head Office on Wednesday (27/3).

The signing took place in front of the Indonesian Minister of Finance Sri Mulyani, Secretary General of the Ministry of Finance Hadiyanto, Director General of Finance and Risilo Management of the Ministry of Finance of the Republic of Indonesia Lucky Alfirman, Director General of State Assets of the Ministry of Finance Isa Rachmatarwata, and all Management of the two companies. This collaboration is the result of a follow-up meeting between WIKA and Eximbank which discussed the potential financing of infrastructure projects in Africa. In this case, Eximbank synergizes with WIKA to provide Export Working Capital Loans (KMKE) through the National Interest Account (NIA) scheme for construction projects in Algeria, projects in the African region, South Asia and the Middle East.

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