Indonesia: Multifunctional Satellite PPP Project

approved

AIIB is considering financing to a Special Purpose Vehicle Company, PT Satelit Nusantara Tiga (“PSNT”) comprised of PT Pasifik Satelit Nusantara (“PSN”), PT Pintar Nusantara Sejahtera (“Pintar”), PT Nusantara Satelit Sejahtera (“NSS”) and PT Dian Semesta Sentosa (“DSMT”). The Project will support the Government of Indonesia's goal to provide connectivity to more than 149,000 Public Service Points in Indonesia. The capacity is 150 Gbps, High Throughput Satellite (“HTS”) with Ka-Band Frequency. The main responsibilities of the Project Sponsor under the concession agreement include: • Securing the satellite orbit. • Constructing the satellite. • Constructing the launch rocket. • Acquiring the gateway location. • Acquiring the earth station location. • Launching the satellite. • Construction of the gateway and earth stations. • Obtaining insurances for the Project. • Operation and maintenance of the satellite, gateway, and earth stations.