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DBS Bank Ltd., Economic Development Canada, Bank of Tokyo-Mitsubishi UJF, and Chinatrust Commercial Bank Ltd. has agree to gave PT Excelcomindo Pratama loan facility to expand their business operations.

This nation’s third largest cellular operator, has signed a US$ 140 million syndicated loan agreement with a group of four bank to provide theirs working capital and help finance expansion.

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State Electricity Company or PT Perusahaan Listrik Negara (PLN) was signed agreements to financing their 10,000 megawatts project.

To complete the construction of 35 coal-fired powerplants, PLN needed US$ 4.4 billion of dollar loans and Rp. 17.5 trillion or equivalent with US$ 1.9 billion in local currency.

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