Fri, 25 Dec 2009
Jakarta (ANTARA News) - The government is soon to form an Infrastructure Fund tasked with collecting long-term funds from donor countries and other sources to speed up infrastructure development, a top public works official said.

"The Fund`s establishment has been awaited for a long time because we badly need long-term financing sources for infrastructure development," Deputy Public Works Minister Hermanto Dardak said here on Tuesday.

The contributions to the Fund could come from Indonesia itself, the World Bank, the ADB or other institutions prepared to make long-term investments in infrastructure development in Indonesia, he said.

In fact, pension or insurance funds could also put their money in the Infrastructure Fund which was now in a preparatory stage.

The fund`s formation would enable the government to be more involved in providing a number of "missing links" in existing infrastrcture projects such as the Trans-Java turnpike and other toll road systems, he said.

The Fund would in effect be something like a holding company among PT SMI, the World Bank and ADB and operate under its own management.

Hermanto said the Public Works Department had so far had access only to short-term financing sources to carry out road construction projects which actually need long-term financing.

As a result, the projects were often subject to interruptions or delays. "With the present government budgets, we can only tackle certain missing links in exissting toll roads such as the Solo-Kertosono turnpike. "We cannot undertake whole projects," he added.

The Trans-Java toll-road project actually needs a huge budget to clear 4,500 hectares of land but because of budget constraints the government had to implement the project piecemeal or according to a priority system, Hermanto said.

This was why, after more than five years of land-clearing efforts, only 27 percent of the land needed for the Trans-Java toll had now actually been cleared. (*)


Fri, 25 Dec 2009
From: JakChat
Comment by Marmalade
Quoting: biznews
Govt to find arse with both hands soon

Jakarta (ANTARA News) - The government is soon to form an Ineptitude Fund tasked with collecting long-term bungs from donor businessmen and other sources to speed up corruption development, a top public works official said.

"The Fund`s establishment has been awaited for a long time because we badly need long-term financing sources for our multiple wives and golf caddies," Deputy Public Works Minister Herman Dalek said here on Tuesday.

The contributions to the Fund could come from Indonesia itself, via a complicated system of beaurocrats, parkirs, polisi cepek and other chiselling bastards, the TNI or other institutions prepared to make long-term handicaps in infrastructure development in Indonesia, he said.

In fact, pension or insurance funds could also put their money in the Infrastructure Fund which was now in a preparatory stage and then watch it being pissed away on an ailing mini-bank.

The fund`s formation would enable the government to be more involved in providing a number of "missing links decisions" in existing abortions such as the monorail system, he said.

The Fund would in effect be something like a big pie with many fat fingers inserted and operate despite its own mismanagement.

Herman said the Public Works Department had so far had access only to small criminal sources to carry out road destruction projects which actually need long-term damaging.

As a result, the projects were often subject to interruptions or delays. "With the present government budgets, we cannot undertake whole projects, just half-arsedly pretend to do so" he added.

The Trans-Java toll-road project actually needs a huge budget to clear 4,500 hectares of land but because of budget constraints they were given a warung in West Kalimantan and a bucket with a hole in it, Herman said.

This was why, after more than five years of lack of effort only 27 percent of the money needed for the scumbags project had now actually been realised.

Herman also added that the church in Bekasi, which provoked passive placid bystanders into a vandalising mob should be razed to avoid further bouts of childish jealousy.
(*)



Sat, 26 Dec 2009
From: JakChat
Comment by Vulgarian
Chiselling bastards.


Sat, 26 Dec 2009
From: JakChat
Comment by KuKuKaChu
so cynical. you should be more trusting and appreciative of our political leaders. look on the bright side: this ain't somalia.


Sat, 26 Dec 2009
From: JakChat
Comment by Marmalade
Quoting: KuKuKaChu
so cynical. you should be more trusting and appreciative of our political leaders. look on the bright side: this ain't somalia.

The KuKu Code!


Sat, 26 Dec 2009
From: JakChat
Comment by KuKuKaChu
i *knew* there was a pattern in there, but i just couldn't figure is out!


Sat, 26 Dec 2009
From: JakChat
Comment by Marmalade
Quoting: KuKuKaChu
i *knew* there was a pattern in there, but i just couldn't figure is out!

The Kuku Code!



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