PLN's Power Problems
Efforts to maintain investor confidence in this republic often seem arbitrary in nature. Ironically, this amateurish approach is being used at a time when the government is busily campaigning to entice foreign businesses to invest in Indonesia. Hopes of large numbers of foreign investors coming will be for nothing.
Foreign investors have had many bad experiences in the infrastructure and mining sectors. The latest black mark for investment in Indonesia is the midstream stoppage of the tender for the construction of the Jawa 5 Steam Power Station by PLN, the state-owned electricity company.
May 24, 2016
Efforts to maintain investor confidence in this republic often seem arbitrary in nature. Ironically, this amateurish approach is being used at a time when the government is busily campaigning to entice foreign businesses to invest in Indonesia. Hopes of large numbers of foreign investors coming will be for nothing.
Foreign investors have had many bad experiences in the infrastructure and mining sectors. The latest black mark for investment in In
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