Thu, 27 Mar 2003

AKAINDO responds

In response to The Jakarta Post's report on March 25, titled Water investors threaten to quit agreement, I would like to make the following comments:

1. To form an opinion in looking into the problems of drinking water in Jakarta in a narrow-minded manner will harm both investors and Jakarta residents.

2. Investments and drinking water are undeniably inseparable and mutually supportive, so a rate increase would be part of the investment to improve drinking water in Jakarta.

3. It is hoped that all parties honor the existing contracts for the good of Jakarta residents and investors and restrain from making unnecessary comments that could harm both sides.

4. That all statements made by those on behalf of the Association of Indonesian Water Works Contractors (AKAINDO) should not be responded to as we are AKAINDO's legal representatives.

MUCHLIS MOECHTAR, Chairman, AKAINDO Regional Board of Executives,

Jakarta