Indonesian Political, Business & Finance News

Archive: 27 March 2009

2 articles found

Investors Sought For $4.5 Billion in Government Projects

The State Ministry of National Development Planning announced on Wednesday that it was offering eight infrastructure projects worth a total of $4.5 billion to investors through joint government and private sector partnerships.The government said it could afford only about 30 percent of the Rp 1.

Medco Eyes Diverting Gas to Batam

A subsidiary of PT Medco is planning to divert as much as 49 billion British thermal units of gas per day initially planned for a power plant in Java to a power plant in Batam Island in Riau Islands Province, an official at the Energy and Mineral Resources Ministry said on Thursday.