PROJECTS

Satellite Public Private Partnership Project, Indonesia

The problem

Public sector agencies such as police and the military in Indonesia’s outlying islands lacked access to broadband communications, hindering operationsThe Indonesian Ministry for Telecommunication needed to procure a private sector partner to develop, launch, and manage a satellite to serve this demand, but the project needed a guarantee to be bankable. The Indonesian Infrastructure Guarantee Fund (IIGF) did not know the best way to structure the guarantee.

How we helped

Castalia helped the IIGF structure the guarantee by analyzing the financial and fiscal risks of the project and estimating the likelihood of the guarantee being called. Based on our analysis, we recommended how the risks that would be guaranteed should be defined, as well as which risks should not be guaranteed. We also recommended that the special circumstances of this project justified the guarantee being in place for the entire life of the contract and not just the debt repayment period.

Impact

The IIGF board approved the guarantee and the project is proceeding. The satellite is slated for launch in 2022 and is expected to service 149,400 public sector premises. This will enable police, military units and health and education establishments in the outlying islands perform their responsibilities in a more efficient and timely manner.

Our team

Alex Sundakov

Alex Sundakov

Executive Director
Gavin Chan

Gavin Chan

Senior Analyst
Giang Doan

Giang Doan

Manager

How can we help you?

How can we help you?

WASHINGTON, DC
+1 (202) 466-6790
1747 Pennsylvania Avenue NW, Suite 1200
United States of America

SYDNEY
+61 (2) 9231 6862
Level 1 Kyle House, 27-31 Macquarie Place
Australia

WELLINGTON
+64 (4) 913 2800
Level 2, 88 The Terrace
New Zealand

PARIS
+33 (1) 73 44 26 97
6 Rue Duret
France

BOGOTÁ
+57 (1) 508 5794
Calle 81 #11-08, Piso 5, Oficina 5-127
Colombia

Thinking for a better world.

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PROJECTS          NEWS         CONTACT
© Copyright 2019 Castalia. All rights reserved.  | Credits | Sitemap

WASHINGTON, DC
+1 (202) 466-6790
1747 Pennsylvania Avenue NW, Suite 1200
United States of America

SYDNEY
+61 (2) 9231 6862
Level 1 Kyle House, 27-31 Macquarie Place
Australia

WELLINGTON
+64 (4) 913 2800
Level 2, 88 The Terrace
New Zealand

PARIS
+33 (1) 73 44 26 97
6 Rue Duret
France

BOGOTÁ
+57 (1) 508 5794
Calle 81 #11-08, Piso 5, Oficina 5-127
Colombia

Thinking for a better world.

Castalia-logo-negative-2col
PROJECTS          NEWS         CONTACT
© Copyright 2019 Castalia. All rights reserved.
Credits | Sitemap