PT WIJAYA KARYA (Persero) Tbk. (WIKA) considers bank loan worth Rp 25 Trillion to fund power plant projects in Banten. This loan was about 70 percent of the total investment worth Rp 35 Trillion. Beside that, WIKA’s Consortium is preparing equity worth Rp 10 Trillion or 30 percent to fund this megaproject.
WIKA will collaborate with Chinese company, named China Nuclear Engineering Group Corporation Ltd. (CNEC). This SOE aims ownership to 15 percent. In addition to CNEC, this red-plate company will also invites local company, named PT Sumber Segara Prima daya.
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