Firms face obstacles in joints projects<\/p>\n
JAKARTA (JP): Private sector companies, in partnership with
\nstate-owned companies, face many obstacles in the development of
\ninfrastructure projects, businessman Ciputra said yesterday.<\/p>\n
He told participants of a two-day seminar on infrastructure
\ndevelopment that the most difficult obstacle to cope with is the
\nnegative image among the public about any private sector company
\nwhich wins contracts for infrastructure development in
\npartnership with state-owned firms.<\/p>\n
Such a negative image, which is generally created by society
\nleaders, non-governmental organizations and the media, will
\ndisturb the development of infrastructure projects, he said.<\/p>\n
"There is a wrong presumption from the public that private
\ninvestors participating in infrastructure development projects
\naim merely to get profits and to make a fool of the government,"
\nCiputra added.<\/p>\n
The government has to clear up such a wrong assumption to
\nsupport the partnership spirit, he said.<\/p>\n
Ciputra admitted that it is difficult for private investors to
\nget profits from the development of infrastructure projects.
\n"Infrastructure is expensive, so legal certainty is needed to
\nmake private investors feel secure with their investments," he
\nsaid.<\/p>\n
Deputy Chairman of the National Development Planning Board,
\nRahardi Ramelan, said that the development of infrastructure
\nfacilities in the coming five years period needs more than US$50
\nbillion in investments. (31)<\/p>",
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"sponsor": "Okusi Associates",
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