Slow Investors, Delayed Toll Roads

Investors who failed to meet commitments have been given dispensation. There need to be changes in the way land is acquired.

April 6, 2011

PEOPLE are not wrong if they say that Indonesia is the best place for bad business practices. Here, anybody can break a business contract without having to worry about facing the consequences. One example is the dispensation given to 24 investors who failed to fulfill a contract to build toll roads.

In normal practice, project owners have the right to cancel agreements of contractors who fail to keep their promises. But the Toll Road Regulatory

...

More Articles