Tue, 30 Jun 2009
China Harbour wants to take part in a tender to build a railway project to link Soekarno-Hatta airport with Jakarta, Asia Pulse reported.

Tenders held twice previously failed for lack of interest in the project.

China Harbour would join previous bidders Mitsui and Railink in the third tender, Nugroho Indrio, the secretary of the railway directorate general said.

The Chinese company had already submitted tender documents and the tender result would be announced early July, Indrio said.

Earlier, Transport Minister Jusman S Djamal said if plans to hold the next tender failed, such as for lack of bidders, the government would take over the work.

There were few investors interested in building the 17.3-km railway project to cost around Rp1.5 trillion ($136 million), Djamal said.

He said a number of investors such as Alstom from France and Mitsui & Co. from Japan had taken part in prequalification tenders, however, after the selections, only one of the bidders proceeded with the process to submit a proposal for the final tender.




News Search/Filter
Transaction Rates
22 Oct 17
Buy
Sell
BTC1
77,848,320
77,848,320
Taxation Exchange Rates
31 Aug 16 - 06 Sep 16
USD 1
13,232.00
AUD 1
10,043.30
CAD 1
10,213.70
DKK 1
1,999.40
HKD 1
1,706.22
MYR 1
3,283.28
NZD 1
9,623.63
NOK 1
1,605.23
GBP 1
17,433.70
SGD 1
9,757.68
SEK 1
1,569.45
CHF 1
13,631.10
JPY 100
13,101.00
MMK 1
11.01
INR 1
197.29
KWD 1
43,920.70
PKR 1
126.23
PHP 1
285.00
SAR 1
3,528.53
LKR 1
91.12
THB 1
382.08
BND 1
9,756.53
EUR 1
14,885.50
CNY 1
1,987.61

Okusi Associates: Indonesian Business & Management Services