Indonesia

SUBSIDIAIRY NAME COUNTRY SECTOR/INDUSTRY OWNERSHIP % ACQUISITION DATE ACQUISITION VALUATION TOTAL ASSET VALUATION
IIB DG PT WANGSA INDONESIA ENERGY 70% IIB-DG AUGUST 16TH 2021 12 BILLION USD 120 BILLION USD

ENERGY, OIL REFINERY, and GAS

PT. WANGSA ENERGY PRAKARSA: IIB-DG acquired PT.Wangsa Energy Prakarsa on August 16, 2021, to implement an integrated oil refinery project (300.000BPD) & petrochemical complex facility in the Special Economic Zone (SEZ) (“the Project”) with private financing by granting shares to the Third-Party Equity provider for the purpose of financing, procuring, constructing, operating and maintaining the project.

Contact Information

  • Global Headquarters: WASHINGTON
    1050 Connecticut Ave. NW, 10th Floor
    Washington, District of Columbia 20036
    United States of America
    Phone: 571-207-0211
    Fax: 202-217-4050
    info@iibdevelopmentgroup.com
  • Harare Office
    5th Floor, Shanda House,
    17 Park Street
    Postal Address
    P.O. Box ST 523,
    Southerton,
    HARARE
    Tel:+263 (4) 706-762 / 252-224 / 752-616
    Fax:+263 (4) 250-539
    Cell:+2637-1240-0523 / 912-571-317
    info@cnmybj.co.zw
  • Bulawayo Office
    3rd Floor, Fidelity Life Centre,
    Cnr 11th Avenue/Fife Street
    Postal Address
    P.O. Box FM 254,
    Famona
    BULAWAYO
    Tel:+263 (9) 75-709 / 75-719
    Fax:+263 (9) 75-719
    cnmybjbyo@gmail.com

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