Category: Industries

Improved Infrastructure Outlook: Show Me The Money! (6)

Nippon Indosari Corporindo (ROTI), market leader for bread, plans to start construction of new factory in Lampung province this quarter. The Company, famous with its Sari Roti brand, expects full commercial operation of the factory in early 2019, anticipating growing demand in southern part of Sumatra, as some sections of the trans-Sumatra toll road will enter commercial operation this year.

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Improved Infrastructure Outlook: Show Me The Money! (5)

Luhut Binsar Pandjaitan, coordinating minister for maritime affairs, was in Majalengka Regency, West Java province Wednesday to inspect physical construction of Kertajati international airport. As construction is nearing completion, state airport management company PT Angkasa Pura II and developer of the airport, PT Bandara Internasional Jawa Barat (BIJB), are finalizing their operation cooperation scheme (KSO).

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Improved Infrastructure Outlook: Show Me The Money! (4)

Minister of Finance Sri Mulyani Indrawati, Minister of Transportation Budi Karya Sumadi and Minister of Public Works and Public Housing Basuki Hadimuljono were all in North Sumatra yesterday to inspect construction progress of Kuala Tanjung port, set to be an international hub. Phase I of the project with Rp4 trillion of investment is nearing completion and scheduled for commercial operation in the second quarter.

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MCC Gets More in Indonesia

Metallurgical Corporation of China (MCC) Limited is clearly a global EPC firm to watch. Last year the Company signed contracts worth RMB602.8 billion, an increase of 20% from 2016, of which RMB57.29 billion worth of contracts were the newly signed overseas projects, including some projects in Indonesia.

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Key Takeaways from 2017 Export-Import Data

Indonesia booked trade surplus of US$11.84 billion last year, expanded by 24% from 2016, thanks to strong performance of commodities, especially palm oil, thermal coal, and minerals. Oil and gas sector, however, suffered trade deficit of US$8.57 billion, expanded by 52% from 2016 due to higher prices and import volume.

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Improved Infrastructure Outlook: Show Me The Money! (3)

Physical construction progress of Manado-Bitung toll road in North Sulawesi has only reached 13%, but state-owned developer and operator PT Jasa Marga Tbk (JSMR) remains optimistic to start commercial operation of the longest toll road in Sulawesi Island next year. Land acquisition is still a big issue, but as of this month, nearly 70% land needed for the project has been acquired.

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Mineral Processing: Where Are We?

Nickel advanced 4.72% to US$12,642 per ton this week, representing 28.3% gain year-on-year. Aluminium, meanwhile, lost 3.1% this week, but gained 29.34% year-on-year. Looking at the current pace of development, Indonesia will dominate the world’s nickel market in three-five years time. The country will also improve its position in aluminium market.

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Trans-Java Toll Road: Show Me The Money! (2)

Suryanto, acting head of Integrated Investment and Services Office of Madiun Regency in East Java claimed last August that application for new investments surged from Rp58 billion in 2016 to around Rp2 trillion last year because investors anticipated completion of the trans-Java toll road. One of the investors is Mikasa, which builds factory at Purworejo village, Pilangkenceng sub-district, which is adjacent to the exit of trans-Java toll road in the regency.

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Trans-Sumatra Toll Road: Show Me The Money!

Incumbent Lampung governor Muhammad Ridho Ficardo claimed investments entering the province surged to Rp5.3 trillion in the first 10 months of 2017 from around Rp4 trillion in full year of 2016. He pointed to growing interest from 47 companies submitted investment applications to the province’s Integrated Investment and Licensing Office (PTSP).

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Infrastructure Journal

Indonesia will soon see commercial operation of the first major wind power plant. As of this week, 20 out of 30 turbines for Sidrap wind farm in South Sulawesi have been installed with combined power generating capacity of 50 MW. They’re ready to be connected to PLN’s power grid in the area.

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Jokowi’s Susi Dilemma

President Joko ‘Jokowi’ Widodo praised Susi Pudjiastuti, minister of fisheries, for drowning 317 foreign vessels involved in illegal fishing in the past three years before a crowd of his volunteers in a meeting at Rote Island, the southern most island of Indonesia, Monday (Jan 8) afternoon. At the same time in Jakarta, Luhut Binsar Pandjaitan, coordinating minister for maritime affairs, shared the views of VP Jusuf Kalla, that Susi needs to take a break in drowing more vessels.

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Jokowi’s Homework: Pending Big Projects

Despite progress in infrastructure development, the government has yet to show its ability in rolling major pending projects in processing industry (chemical, steel, metals), oil & gas, and transportation sector. We’re talking about US$52 billion of investment commitments in 10 major projects, which could boost the economy, create higher pay jobs, boost export revenues, and, accordingly, tax collections.

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