Indonesia Medco-Led Consortium Wins $600 Million Power Project 08-01-06 11:08 PM EST JAKARTA -(Dow Jones)- A consortium led by PT Medco Energi Internasional ( MEDC.JK) has won a bid issued by Indonesia's state-run utility company to build a 340-megawatt geothermal power plant in North Sumatra province, in what is the largest single-contract geothermal project to date in the geothermal industry worldwide. The consortium's other members are U.S.-based Ormat Technologies Inc.

IDB Interested to Fund Housing Tuesday, 01 August, 2006 | 17:47 WIB TEMPO Interactive, Jakarta: The Islamic Development Bank (IDB) is interested and ready to participate in funding housing construction in Indonesia. Coordinating Minister for the Economy Boediono explained that the global finance institution has actually has not yet conveyed its readiness in a concrete form. However, the IDB has implied it. “We are also still discussing it,” he said in Jakarta yesterday (31/7).

Investors Aiming for SOE Privatization Tuesday, 01 August, 2006 | 17:44 WIB TEMPO Interactive, Jakarta: Investors at the stock exchange are waiting for the policy of privatization of several State-Owned Enterprises (SOEs) to be enacted. Rizal Gozali, President Director of the Credit Suisse Group said that SOEs in the infrastructure, energy and banking sectors have aroused investors' interests.