Inco's contract disputed

Inco's contract disputed

UJUNGPANDANG, South Sulawesi (JP): The speaker of the
province's legislative council, M. Amin Syam, asked the
government on Monday to change its contract with PT International
Nickel Indonesia (Inco) to benefit the province more.

Speaking at a dialog with the Supreme Advisory Board here,
Amin Syam noted that 80 percent of royalties paid by nickel miner
Inco went to the central government while the provincial
administration only received 20 percent.

He said the division should be reversed so that the central
government took only 20 percent and the local administration got
80 percent.

If that happened, the South Sulawesi administration would
collect Rp 128 billion (14.2 million) per annum from Inco.

Inco president Rumengan Musu, of Torajan descent, said any
changes to the contract could not be implemented until the
current contract expired in 2025. (37)