"Landep News"
The Indonesian Government is looking for funding for various infrastructures development throughout the archipelago and the current willing lender seems to be China. Total investment will be
“The support will be in the form of soft loan” says Dedy Supriadi Priatna, the head of Utility and Facility from National Development Planning Ministry today.
Those four proposed projects are one bridge in Kendari, Southeast Sulawesi with total investment of USD 80 million, one bridge in Tayan, Kalimantan with total investment of USD 65 million, Medan – Kualanamu toll road with total investment of USD 475 million and Cisunduwu toll road with total investment of USD 250 million.
Soft Loan From China For 2 bridges and 2 toll roads
“All the paper works should be ready by middle of January and will be followed by bidding price (for contractors). It is estimated that the contract will be signed by April or May” says Dedy.
There are no further details regarding the soft loan from the Chinese itself except that China has assigned contractors from their country to be involved in the projects.
“The Chinese have discussed it with the Public Work Ministry with regard to the number of contractors and have recommended three contractors for each project. These contractors will be supported by Indonesian companies later on” end Dedy.
Thank's for link:
0 Response to "China Softloan Fund 4 Infrastructure Projects"
Post a Comment