Construction works worth Rp 21t
Construction works worth Rp 21t
JAKARTA: Capital construction projects in the city next year
will amount to Rp 21 trillion, or almost double the value of last
year's projects, which were worth a total of Rp 11 trillion.
The chairman of the Jakarta chapter of the National
Contractors' Association (Gapensi), Effendi Sianipar, said on
Monday that about Rp 7 trillion of the Rp 21 trillion value of
the projects would be financed by the city budget, Antara
reported.
"The rest will be financed by state-owned companies, city-
owned companies and ministries," he said.
This year, the projects funded by the city budget were worth
Rp 4 trillion.
He said that this year's Rp 11 trillion expenditure on
construction projects was divided up into 8,000 packages and
involved 70 percent of the Association's members. There are 5,600
companies that are members of the association.
In 2002, Gapensi still saw violations in the bidding process
for construction projects in the capital.
Compared to 2001, however, the number of violations dropped by
40 percent.
"Maybe because of the reform process," he said.--JP