Dashed Hopes on a Chinese Slipway

The ASDP case adds to the long list of suspicions of corruption in SOEs.

April 4, 2006

SUMIARSO Sonnys hopes are increasingly fading. The dream of the President Director of PT ASDP Indonesia Ferry to soon own a passenger ship made in China is getting further out of reach. A down payment of Rp24 billion was already paid three years ago.

A huge event to mark the beginning of the ships construction took place at a shipyard in Tong Fung, Chong Qing City, China, in the middle of 2004. However, alas. After three years, it is not the dream

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