Mon, 11 Jul 2011

Jakarta (ANTARA News) - The investment made on 19 projects in the framework of the Master Plan for Acceleration and Expansion of Indonesia`s Economic Development (MP3EI) in the first semester of 2011 was recorded at Rp55.01 trillion, a minister said.

"Up to June 2011, a total of 19 projects have entered the ground breaking stage (inauguration) while 63 others will be inaugurated in the second semester of 2011," State-owned Enterprise Minister Mustafa Abubakar said here over the weekend.

The 19 SMP3EI projects included the expansion of Bali`s Ngurah Rai airport worth Rp1.2 trillion and construction 9,981 km of Sumatra`s Fibre Optic Nusantara Super Highway Ring valued at Rp87.4 billion.

Others are the Java-Kalimantan-Sulawesi-Denpasar-Mataram fibre optic project worth Rp86 billion, the Mataram-Kupang Cable System worth Rp6.8 trillion, Floating Storage and gas project Unit in West Java valued at Rp500 billion, construction of two units of 3.500 DWT tanker ships in Surabaya and one unit in Lampung worth Rp109.49 billion.

The 19 projects also included the upgrading project of Pertamina`s lubricating oil unit in Jakarta (Rp103.55 billion), a fuel oil transit terminal (depot) in Bau-Bau (Rp337.1 billion) and a rig project in Jakarta totaling Rp393 billion.

Besides, the MP3EI project also covered alumina chemical grade project in West Kalimantan (US$450 million), Sei Mangkei industrial estate in North Sumatra (Rp3,68 trillion), integrated steel in Banten (Rp26. trillion)

The steel project South Kalimantan (Rp1.2 trillion), 6.000 DWT tanker ship in Jakarta (Rp46.1 million), 17.500 DWT tanker ship, stage I, (Rp245.1 million) and stage II (Rp294.1 billion) are also included in the 19 MP3EI project schemes.

The minister said that the 19 projects were definitive projects that had been included in the budget work plan of respective state-owned companies.

"All projects have been running well based on plan," he said