The district administration of Berau in East Kalimantan is carrying out the expansion works at the runway and apron of Kalimarau airport. The expansion project will be carried out in phases in coordination with the transport ministry. The length of the existing runway will be increased from 2,250 metres to over 3,000 metres. A new terminal has just been completed.

Indonesia’s national flag carrier, Garuda Indonesia, plans to launch a rights issue to sell a 10 per cent stake in 2013. The proceeds from the issue will be utilised to finance the expansion plans of the company. The valuation of the 10 per cent stake is estimated at approximately Rp 1.45 trillion. Meanwhile, Garuda is also planning to issue rupiah-denominated bonds worth Rp 2 trillion during 2013.