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Consultancy firms merged

| Source: JP

Consultancy firms merged

JAKARTA (JP): Five state-owned consultancy companies under the
Ministry of Public Works have set up a consortium.

The five firms are Yodya Karya, Virama Karya, Indah Karya,
Bina Karya, and Indra Karya.

The five firms' leaders said Tuesday the consortium was set up
to combat increasingly tough competition among consultancy firm.

They were speaking before House Commission V for
communications, transportation, public works, tourism and
housing.

"As globalization will expose consultancy services to open
competition with foreign firms, we need this alliance to
survive," said Indah Karya president Soeharto. (bnt)

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