Indonesian Political, Business & Finance News

Wonorejo dam to cost more than $50 million

Wonorejo dam to cost more than $50 million

JAKARTA (JP): Minister of Public Works Radinal Moochtar
yesterday broke the ground for the construction of the second
phase of a Rp 114 billion (US$51.63 million) multi-purpose dam in
Wonorejo of East Java, which will have a capacity of 122 million
cubic meters.

"The project, which is expected to be operational in 1998, is
financed by the state budget and a loan from Japan's Overseas
Economic Cooperation Fund," Radinal said at the ground-breaking
ceremony in Wonorejo yesterday.

The Ministry of Public Works said in a statement issued
yesterday that the dam, of which the first construction phase
started last year, was among the 18 projects which are partly
financed by Japan through its commitments in the World Bank-
chaired Consultative Group for Indonesia in 1993-94.

Japan pledged a total of $1.44 billion in aid to Indonesia in
1993-94.

The dam is now being constructed by Kajima Co. and Taisei
Corp. of Japan, in cooperation with PT Pembangunan Perumahan and
PT Teguh Raksa Jaya.

"Upon its completion, the dam will provide water for Surabaya
and its surrounding areas as well as supplying water for a new
hydroelectric power plant near Surabaya," Radinal's statement
read.

The construction of the dam was suspended in 1983 due to a
lack of funds.(fhp)

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