SOUTH KOREAN BUILD RAILWAY IN BORNEO
RI, South Korea sign billion-dollar rail deal
05/01/07 10:02
Jakarta (ANTARA News) - Two South Korean companies signed an agreement with an Indonesian state firm Monday to build a railway line in Borneo in a deal worth one billion dollars, a report here said.
South Korea's POSCO and Canatect Ltd signed a memorandum of understanding with PT Kereta Api Indonesia, according to Detikcom news portal.
Indonesian Transport Minister Hatta Radjasa was quoted saying the railway line would be built in east Kalimantan, the Indonesian part of Borneo island.
No further details were available and a transport ministry spokesman declined comment.
The reported deal comes on the first day of a visit here by a large South Korean delegation made up of business leaders and government officials to follow up on an agreement to forge a strategic partnership between the two countries.
The agreement was reached during South Korean President Roh Moo-Hyun's visit to Indonesia in December.
Radjasa was quoted saying Monday's deal was the second since a new transport law was enacted, allowing the private sector to play a greater role in the development and operation of railways in Indonesia.
A Japanese consortia qualified this month to bid for a railway project in West Java at a cost of about 660 million dollars. (*)
S Korean bizmen to build railway track in E Kalimantan
04/30/07 23:52
Jakarta (ANTARA News) - South Korean businessmen were interested in investment in a railway track project for coal transportation to a special port in East Kalimantan, a member of cabinet said.
"Their investment is significant," Minister of Trade Mari E. Pangestu said after the signing of a memorandum of understanding between state-run railway company PT Kereta Api Indonesia and the businessmen here Monday.
She said that the ratification of the railway law has attracted the investors to invest in the sector.
Since it is a cooperation with PT KAI, she said she did not remember whether or not the businessmen would fully finance the project.
"The realization depends on the construction the rail tracks," Mari said.
Indonesian and South Korean businessmen also signed a deal on the building of an infusion factory in West Java.
Around 190 South Korean businessmen are also interested in investment in the textile industry.
They will evaluate whether or not they can invest in the sector and assist Indonesia to revitalize its textile machinery.
The minister said her office did not find any investment in 2006 and hoped there would be an increase this year.(*)
Copyright © 2007 ANTARA
05/01/07 10:02
Jakarta (ANTARA News) - Two South Korean companies signed an agreement with an Indonesian state firm Monday to build a railway line in Borneo in a deal worth one billion dollars, a report here said.
South Korea's POSCO and Canatect Ltd signed a memorandum of understanding with PT Kereta Api Indonesia, according to Detikcom news portal.
Indonesian Transport Minister Hatta Radjasa was quoted saying the railway line would be built in east Kalimantan, the Indonesian part of Borneo island.
No further details were available and a transport ministry spokesman declined comment.
The reported deal comes on the first day of a visit here by a large South Korean delegation made up of business leaders and government officials to follow up on an agreement to forge a strategic partnership between the two countries.
The agreement was reached during South Korean President Roh Moo-Hyun's visit to Indonesia in December.
Radjasa was quoted saying Monday's deal was the second since a new transport law was enacted, allowing the private sector to play a greater role in the development and operation of railways in Indonesia.
A Japanese consortia qualified this month to bid for a railway project in West Java at a cost of about 660 million dollars. (*)
S Korean bizmen to build railway track in E Kalimantan
04/30/07 23:52
Jakarta (ANTARA News) - South Korean businessmen were interested in investment in a railway track project for coal transportation to a special port in East Kalimantan, a member of cabinet said.
"Their investment is significant," Minister of Trade Mari E. Pangestu said after the signing of a memorandum of understanding between state-run railway company PT Kereta Api Indonesia and the businessmen here Monday.
She said that the ratification of the railway law has attracted the investors to invest in the sector.
Since it is a cooperation with PT KAI, she said she did not remember whether or not the businessmen would fully finance the project.
"The realization depends on the construction the rail tracks," Mari said.
Indonesian and South Korean businessmen also signed a deal on the building of an infusion factory in West Java.
Around 190 South Korean businessmen are also interested in investment in the textile industry.
They will evaluate whether or not they can invest in the sector and assist Indonesia to revitalize its textile machinery.
The minister said her office did not find any investment in 2006 and hoped there would be an increase this year.(*)
Copyright © 2007 ANTARA
posted by Zumrowi Yunus at
11:37 PM
2 Comments:
wow..ngambil beritanya (dari antara?) jangan mentah2 dong...
By
Zee, at 5:00 AM
Keep up the good work.
By
Anonymous, at 4:11 AM
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