Corruption in Papua: Political Conspiracy?

In the first week of February 2017, the Corruption Eradication Commission (KPK) named the Head of Papua’s Department of Public Works Mikael Kambuaya as a suspect of corruption in the construction of Kemiri-Depapre road project. On March 22, 2017, the KPK named a new suspect in the case.

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The Trial of Amran Mustary

On March 22, 2017, the public prosecutors of the Corruption Eradication Commission (KPK) read their demands for Amran HI Mustary, the former Head of the IX National Roads Implementing Board (BPJN IX), who is now a defendant in the Trans-Seram graft case. The case has so far had brought down 10 people, including the former member of the House Commission V of the House of Representatives Damayanti Wisnu Putranti (PDI-P) and the President Director of PT Windhu Tunggal Utama Abdul Khoir, but investigation continues.

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Tower Bersama (TBIG) vs Sarana Menara (TOWR)

PT Tower Bersama Infrastructure (TBIG) Tbk, co-owned by Saratoga Group and Provident Group, reported 8.5% growth in sales revenues to Rp3.7 trillion last year, thanks to double digit growth from Telkomsel, subsidiary of state-owned PT Telkom Tbk (TLKM). TBIG’s growth was smaller than Sarana Menara Nusantara (TOWR), controlled by Djarum Group, which grew 13.1% to Rp5.05 trillion because of acquisition of towers from XL Axiata.

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Corporate Actions & Results

State-owned miner Aneka Tambang (ANTM) will build ferronickel plant in Halmahera Timur, to be constructed by consortium of state-owned construction firm Wijaya Karya (WIKA) and Kawasaki Heavy Industries Ltd. The construction will run in three stages. The first stage construction costs Rp3.5 trillion and will take 30 months. The plant will produce 13,500 tons of ferronickel per year.

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Possible End of Freeport in Grasberg (6)

The Governor of Papua Lukas Enembe met with President Joko “Jokowi” Widodo at the State Palace Jakarta on Wednesday (Mar. 22). According to Lukas, who is also the chairman of Democratic Party’s Papua chapter, he and President Jokowi had the opportunity to discuss the future of Freeport in the gold and copper mine Grasberg in Mimika, Papua. Lukas claimed that the President was of the same mind with the regional administrations of Papua.

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Coal Journal No. 13/2017: Petrosea & Darma Henwa

Thermal coal has been stabilizing around US$80 per ton in the past three months, supported by strong import by China, the world’s largest consumer, due to difficulties in restoring output at local mines. China Coal Energy Co Ltd, for example, saw its output declining 1.1% to 13.2 million tons in the first two months of 2017.

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Risma, Khofifah & East Java’s 2018 Election

The popular Mayor of Surabaya Tri Rismaharini and Minister of Social Affairs Khofifah Indar Parawansa are currently considered to be prospective candidates in East Java’s 2018 gubernatorial race. Political parties, especially PDIP and PKB (the two largest political parties in East Java), are likely to consider endorsing Risma and Khofifah as their governor candidates in order to take over executive leadership from the Democratic Party—the Democratic Party have been controlling the province for the last decade.

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Trans-Sumatra Toll Project: Two Years On

President Joko ‘Jokowi’ Widodo kicked off development of trans-Sumatra toll road program about two years ago with the construction of the long 141-KM Bakauheni-Terbanggi Besar turnpike. Progress was pretty slow in the beginning with construction progress of 1.2% by March 19, 2016. As of March 17, 2017, however, nearly 26% has been built.

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Infrastructure Journal No. 11/2017

Physical construction of 10 low-cost apartment towers in Kemayoran, Jakarta, which will also be used as dormitory for athletes participating in next year’s Asian Games in Jakarta and Palembang has reached 66% as of this week. The apartments (7,428 units) will be completed gradually in June, July, and August 2017. The Rp3.4 trillion project will be able to accommodate around 22,000 people from low-income group or those to be relocated from slum areas in the capital city.

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Commodity-driven Growth

The World Bank said on Wednesday (Mar 22) that the stronger global economic growth and continued gains in commodity prices were helping drive up Indonesia’s economic growth forecast to 5.2% this year from 5% in 2016. Global policy uncertainty and fiscal dynamics, however, pose downside risks.

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March 2017
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