Photo from Envato Elements

Geo Energy’s $200m project bags insurance backing from SINOSURE

The insurance coverage will support the development of Geo Energy’s Integrated Infrastructure.

Geo Energy Resources has secured approval from SINOSURE to provide full insurance coverage to support the development of its Integrated Infrastructure valued at $205.4m (USD150m).

The Integrated Infrastructure (MBJ Project) comprises an approximately 92km hauling road and an associated jetty in the South Sumatera and Jambi Province, Indonesia.

The endorsement from SINOSURE ensures credit risk coverage that facilitates the Engineering, Procurement, and Construction (“EPC”) contractors in securing financing for the project.

The MBJ Project is part of the company’s growth plans to enhance logistics efficiency and coal production capabilities for its TRA coal mine.

Join Singapore Business Review community
Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!