Stopping China’s Domination
Local and overseas banks are competing to finance the 10,000 MW power-generation project. China’s offers are too expensive.
December 4, 2007
THE roar of bulldozers and tractors seemed to shake the rice fields and embankment on the edge of the shoreline at Lontar village in the area of Teluk Naga, Banten, during last week. These heavy equipment vehicles went to and fro dredging and leveling off the earth. All around, hundreds of workers were busy building fences along the road by the embankment.
It is planned to construct a steam-powered electricity generating plant (PLTU) with a capa
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