Pipeline project underway
Pipeline project underway
JAKARTA (JP): PT Pam Lyonnaise Jaya (Palyja), a joint venture
firm owned by city-owned water company PDAM Jaya and French
company Suez Lyonnaise des Eaux, is in the process of installing
a 13-kilometer pipeline worth Rp 175 billion (US$13.72 million).
The pipeline installation project, which was kicked off by
Deputy Governor of Development Affairs Budihardjo Soekmadi in
Kebon Jeruk, West Jakarta, on Monday, is aimed at improving tap
water services to customers in the western part of the capital.
Christian Michelon, Palyja's president, said the work was
expected to be completed by the middle of next year and serve
700,000 new customers.
In implementing the project, Palyja is assisted by a team of
22 domestic suppliers and contractors, he said.
Michelon said that Palyja had pledged to invest Rp 2.15
trillion in the tap water system for the western part of Jakarta
for a period of 25 years.
The company has thus far invested Rp 450 billion, he said.
He explained that Lyonnaise des Eaux had secured loans of $615
million from the European Investment Bank and $70 million from a
consortium of international banks to realize its investment in
Jakarta. (jun)