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Infrastructure Projects in Indonesia Thrown Open for Bids | News

Posted at Jan 24, 2011

Infrastructure Projects in Indonesia Thrown Open for Bids

In its continuing efforts to boost infrastructure development, the government is offering three projects on Java Island to foreign and domestic investors at a total combined investment value of around $4 billion. 

“I think we can offer the projects by the first half of 2011 so we can start building the projects by the end of 2011,” Gita Wirjawan, chief of the Investment Coordinating Board (BKPM), said on Monday. 

The projects include a 35-kilometer railway linking Soekarno-Hatta International Airport and Manggarai in South Jakarta that is valued at $735 million. The government also invited investors to build the Umbulan reservoir in Pasuruan, East Java, worth $200 million and a 3,000 megawatt coal-fired power plant in Pemalang, Central Java, worth $3 billion.  It offered the projects under the so-called public-private partnership program it initiated in 2006. 

President Susilo Bambang Yudhoyono has so far pledged $140 billion of investment in infrastructure, including roads, ports and power plants, to boost economic growth through 2014, the end of this second-five year term.

Source: The Jakarta Globe, p. B, 21 December

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