Tempo English Weekly

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Tuesday, July 11, 2017

Former CEO of Pelabuhan Indonesia II Richard Joost Lino: The Contract Takes Effect After the Minister Agrees

RICHARD Joost Lino still firmly stands behind his decision to extend the cooperation contract for the management of the Jakarta International Container Terminal (JICT) with Hutchison Port Holdings five years before the contract ends in 2019. This former CEO of Pelabuhan Indonesia (Pelindo) II holds that the state benefits from this arrangement. One advantage, he pointed out, is the payment of an upfront fee of US$215 million, which can be…

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Monday, November 06, 2017

Infrastructure for All

In contrast with his usually modest demeanor, President Joko Widodo touted the success of his administration in building infrastructure projects. While officially launching the Mandalika Special Economic Zone for Tourism in Central Lombok, West Nusa Tenggara, on October 20, he said that the project was able to go forward thanks to a breakthrough of his doing. "Mandalika has been incomplete for 29 years due to the matter of securing the needed land," said Jokowi.