BNI Provides IDR 657.8 Billion Credit for ION Network's Submarine Cable and Data Center Development
DATA AND AI INFRASTRUCTURE
PT Bank Negara Indonesia (Persero) Tbk has provided IDR 657.8 billion in credit to PT Parsaoran Global Datatrans (ION Network) for the development of the Submarine Backbone ION CS-1, a submarine fiber optic cable system linking to Singapore. This financing aims to bolster Indonesia's digital infrastructure and enhance national data centers, ensuring reliable connectivity for various sectors. The cooperation agreement was signed in East Jakarta, marking a significant step in expanding network capacity and strengthening international connectivity.

Jan 2, 2026, 3:45 PM