Bakrie to enter Uzbekistan

JAKARTA (JP): To strengthen its presence in Uzbekistan, the Bakrie Group of Indonesia will participate in the bidding for the reconstruction of the telecommunications network in Tashkent.

The group said in a statement yesterday that it had discussed the new project and also its other projects in Uzbekistan with the visiting telecommunication mission here.

Bakrie has formed a joint venture with Uzbektelecom to participate in the modernization and reconstruction of communications network in Uzbekistan. This joint venture will provide telecommunications services in four regions of that country worth US$220 million in investment.

Bakrie has also acquired the biggest hotel in Tashkent, the capital of Uzbekistan. (rid)