Indonesian Political, Business & Finance News

Askrindo Prepares Risk Insurance for Infrastructure Projects in Tasikmalaya

| Source: ANTARA_ID Translated from Indonesian | Infrastructure
Askrindo Prepares Risk Insurance for Infrastructure Projects in Tasikmalaya
Image: ANTARA_ID

Jakarta (ANTARA) - PT Askrindo (Persero) is strengthening its support for regional infrastructure project risk management through a strategic partnership with the Tasikmalaya Regency Public Works, Spatial Planning, Public Housing, Settlement Areas, and Environment Office (PUTRLH) in West Java. “This strategic partnership is part of Askrindo’s ongoing commitment to supporting the acceleration of infrastructure development in the regions in an accountable manner,” said Askrindo Business Director Budhi Novianto in a written statement in Jakarta on Wednesday. Through this collaboration, Askrindo will provide surety bond solutions to support risk management for construction works under the authority of the Tasikmalaya Regency PUTRLH Office. The instrument is expected to enhance security, legal certainty, and accountability in the implementation of regional infrastructure projects. Meanwhile, Head of the Tasikmalaya Regency PUTRLH Office Deden Ramdhan Nugraha stated that professional insurance protection and risk management are crucial elements in minimising potential obstacles during project execution. Both parties are optimistic that the programme can be realised promptly in a transparent, professional, and accountable manner for the advancement of infrastructure and the environment in the Tasikmalaya Regency area.

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