'New subway investors no problem'<\/p>\n
JAKARTA (JP): Aburizal Bakrie, the chairman of the Indonesian
\nJapanese European Group (IJEG) consortium, said the entry of new
\ninvestors in the proposed Rp 5 trillion (US$2.1 billion) subway
\nproject to connect Blok M in South Jakarta and Kota in West
\nJakarta would not affect the initial planning.<\/p>\n
\"It's okay and no problem,\" he said Thursday night.<\/p>\n
The Kontan weekly reported earlier that Bambang Trihatmodjo,
\nPresident Soeharto's second son and Djoko Ramiadji, the son of
\nIndonesia's major cosmetics producer Moeryati Soedibyo, would
\nofficially enter the project.<\/p>\n
Aburizal, who also chairs the Indonesian Chamber of Commerce
\nand Industry, said there would be no change even if new investors
\nlike Bambang and Djoko joined the project.<\/p>\n
He said new investors would not affect the initial planning
\nbecause the present consortium had submitted the project's design
\nto the Jakarta administration.<\/p>\n
Aburizal Bakrie, through his company PT Bakrie Investindo,
\nchairs the IJEG consortium which includes PT Pembangunan Jaya,
\nLippo Group, PT Bukaka Corporindo and PT Steady Safe.<\/p>\n
Observers speculated Bambang, who is expected to become
\nconsortium's majority shareholder, could replace Aburizal as the
\nconsortium's chairman.<\/p>\n
\"The position of the leader in the consortium has nothing to
\ndo with the amount of his shares,\" Aburizal said. \"The leader's
\ntask is to coordinate the members of the consortium\".<\/p>\n
He said members would own equally the consortium's shares. (09)<\/p>", "url": "https:\/\/jawawa.id\/newsitem\/new-subway-investors-no-problem-1447893297", "image": "" }, "sponsor": "Okusi Associates", "sponsor_url": "https:\/\/okusiassociates.com" }