Indonesian Political, Business & Finance News

Facility for selected investors

| Source: JP

Facility for selected investors

DILI, East Timor (JP): Governor of East Timor province Abilio
Jose Osorio Soares ordered all regents to be selective in giving
facilities to businesspeople wanting to invest in the province.

Abilio said recently that the businesspeople must be reveal
what their business is before the government offers facilities.

"You should think carefully before giving approval to any
investors' request for facilities," he told visiting Manutahi
regent Jose de Andrade in his office.

Andrade reported to the governor that PT Putera Timor Perkasa,
a subsidiary of the Humpuss Group belonging to President
Soeharto's youngest son Hutomo Mandala Putra, sought a 100-
hectare plot in Betano, Manutahi, for a cassava plantation.
(yac/imn)

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