Oct 01, 2015Indonesia would have paid almost no interest but kept the risk if the project was a failure. "The key reason why Joko Widodo has decided to take the Chinese proposal is finance," said a
The Jakarta-Bandung HSR project contract was signed in Jakarta in early April between consortium joined by Chinese and Indonesian firms and KCIC, a China-Indonesia joint firm tasked with monitoring the project. The 142-km-long railway project is the first of such in
Dec 01, 2017With poverty affecting 11 percent of the population and many people living in "near poverty", several development projects in Indonesia have been working toward solutions. Here are five development projects in Indonesia that are addressing different issues in order to make the country better for its citizens.
Jan 31, 2018China has targeted Southeast Asia as one of the central nodes of its Belt and Road Initiative (BRI) through projects such as the China-Laos high-speed railway, hydropower plants in Cambodia, and Indonesia's first high-speed railway, connecting the cities of Jakarta and Bandung. This region's growing markets, numerous manufacturing hubs and abundant natural resources offer Beijing
Mar 14, 2016The Guinea project started shipments to Hongqiao in September 2015. "In the future, our demand (of bauxite) from Indonesia, Malaysia and India will be very little," Zhang said at a news
China Power Investment Corporation has unveiled a plan to invest US$17 billion in developing 7,000 MW of hydroelectric power in Indonesia's North Kalimantan region. The Chinese state-owned utility said the unnamed hydropower project will be constructed in stages along
Indonesia is the second largest producer of coal bed methane (CBM) after China with reserves of 453 trillion cubic feet, even larger than total gas reserves although it has been slow to
Aug 28, 2017China Hanking's Nickel Mineral Project in Indonesia Starts Shipments of High-Quality Resource (Yicai Global) Nov. 3- A nickel mineral project in Indonesia owned by precious metal exploiter China Hanking Holdings Limited has produced 170,000 tons of high quality nickel minerals since its resumption of production last August.
Sep 10, 2017JAKARTA, Indonesia — When Indonesia recently — and quite publicly — renamed the northernmost waters of its exclusive economic zone in the South China Sea despite China
Mar 16, 2018GlobalData expects that 130 new crude and natural gas projects will start operations in Asia over the next eight years. By 2025, the projects will contribute around 518 thousand barrels per day (mbd) to global oil production and close to 11.5 billion cubic feet per day (bcfd) to global gas production.
Excerpts from an Asia Society panel discussion. Sidney Jones Executive Director, Asia Division Human Rights Watch In terms of the communal violence and ethnic violence that we now see around Indonesia, I think I will just try to give you a survey of what some of the critical factors are involved in these conflicts and briefly go over what might be done to improve the situation.
Aug 13, 2018As China rolls out its massively ambitious Belt and Road Initiative across the region, Indonesia is set to be a key beneficiary. Lawyers discuss the work they are seeing as a result, and what the future holds. There is no doubting the vastness of China's Belt and Road Initiative (BRI), or its staggering ambition.
The Indonesian project will focus on the local shrimp farming industry and developing local resource management groups across much of Indonesia to benefit from training programs, knowledge-sharing and resource use. SFP will reach 10,000 farmers in Indonesia
China would be the largest investor in Indonesia in the following decade as reflected by the country's increasing investment realization. Based on data from the Investment Coordinating Board, China was the fourth largest investors in Indonesia after Singapore, Japan, and Hong Kong.
Buying costs are very high in Indonesia. The total roundtrip cost of buying and selling a property is between 11.75% and 17.75%. The buyer pays for the 5% transfer tax, legal fees, and registration fees. The seller pays for the 5% land and building transfer duty (which is
China Contributing $500 Million to Trump-Linked Project in Indonesia. Politics. What a coincidence-as soon as Trump says he'll loosen the sanctions he just in place, China contributes a bunch of money to a Trump project.
Japan said Indonesia has chosen China to build a $5 billion high-speed rail project on Java, angering Tokyo after a drawn-out process that included two reversals by Jakarta over the past month.
Oct 01, 2015That China was awarded the project and Japan rejected seems to owe mainly to China's willingness to accept the financial risk of the project (i.e., to
Apr 23, 2019In a rural part of Indonesia's Java island, two orange-clad workers confer in Mandarin over plans to lay tracks on a stretch of a $6 billion high-speed rail project between the capital Jakarta and the textile hub of Bandung. Both are employees of the state-owned China
May 15, 2018Re China Contributing $500 Million to Trump-Linked Project in Indonesia Originally Posted by Unitedwestand13 china offered the loan after trump publically announced that his administration would try to help ZTE recover lost jobs, despite the fact that company was the target of sanctions and had created software that had the potential to spy on us.
SHANGHAI, June 17, SinoCast- PT Central Omega Resources (COR) Industri Indonesia and China's Marconing Group have started a nickel smelting plant cooperation project in Sulawesi. COR executives show that the project costs roughly 412.5 million.
Jan 22, 2016Conveying a brief summary of the high-speed railway project in the event, the president director of the Indonesia-China joint firm to run the high-speed train KCIC (PT Kereta Cepat Indonesia-China), Hanggoro Budi Wiryawan, said that the project is expected to be ready to serve in early 2019.
Feb 08, 2018Japan Still Beating China in Southeast Asia Infrastructure Race. Indonesia boasts a pipeline of over 250 projects, while the Philippines plans to spend $180 billion on rails, roads and airports. Singapore is doubling the size of its mass transit system. To reduce strain on government budgets, countries are turning to their richer neighbors, who are only too willing to strike deals.
Dec 30, 2017The head of the Investment Coordinating Board explained in January that China Investment in Indonesia's record is related to Bamboo Curtain investment for nickel smelter and power plant projects in several regions in Indonesia. Typically, large projects are financed gradually over a period of development.
KBR to Provide Engineering Project and Construction Management Services for Chevron in Indonesia. As part of the consortium, KBR's project scope includes project and portfolio management, engineering design and construction management for Chevron's hydrocarbon production surface facilities at the Minas, Duri and Dumai fields in Sumatra, Indonesia.
May 15, 2018China backs Trump project in Indonesia to tune of $500 million. Trump backs China with fix for ZTE, a company that has cheated on Iran and North Korea sanctions and poses a cyber threat to U.S. Today's swamp level White House now completely submerged. https
Feb 10, 2018China's investments and aid to Indonesia have increased significantly, particularly in infrastructure projects ranging from bridges and roads to power plants and high-speed rail. Last year, China was the third-largest foreign investor in Indonesia,
As of early 2011, the following projects were in various stages of development by China Huadian Engineering in Indonesia Lafarge, 33 MW coal-fired power plant, Aceh Besar, Sumatra operating. Asahan, hydropower station, Sumatra operating. Batam, hydropower station, Sumatra
Demonstrators from the Indonesian Forum for the Environment (Walhi) hold a banner protesting China's planned funding for the Batang Toru dam project in front of the Chinese Embassy in Jakarta
May 21, 2017The deal will be carried out on a business to business basis with Indonesia having 60 percent interest in the joint venture, while China will have 40 percent. China is keen to export the high-speed rail technology in order to create its 'One Belt, One Road' initiative to