Indonesia: Tapping the Private Sector for Satellite Connectivity

To provide connectivity to about 45 million people in some of the remotest parts of Indonesia, the Asian Infrastructure Investment Bank (AIIB) is collaborating with Jakarta-based PT Satelit Nusantara Tiga (PSNT) to develop, launch and operate a telecommunications satellite.
Indonesia
Indonesia
Indonesia
Indonesia
Indonesia
Indonesia
Indonesia
Indonesia
Indonesia
Indonesia
Indonesia
Indonesia
Indonesia
AIIB's Board of Directors approved USD150 million for the Indonesia Multifunctional Satellite PPP Project, the Bank's first financing of a satellite-based infrastructure development program, which will allow communication across the archipelago. The project is aligned with AIIB's mission of financing Infrastructure for Tomorrow as people in some of the least-accessible schools, hospitals and local government locations in Indonesia will soon find themselves connected to the rest of the world. The links will bring them knowledge, trade opportunities, improved health care and government services, transforming lives.

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