"The Agreement was Based On the Assumption that the Private Companies Would Act in Good Faith"

November 27, 2000

Budihardjo Soekmadi is one official who was involved in the privatization of PAM Jaya from the beginning. As deputy governor of development in Jakarta, he is on the side of the owners of the city water supply company (i.e. the Jakarta administration). As it turns out, though, he is not to be counted among those who believe PAM Jaya has been shot to pieces over a partnership agreement with two foreign companies.

Following is an extract of an inte

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