Ferdinand the Bullish - Economy - magz.tempo.co

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JITC

Ferdinand the Bullish

Tuesday, March 4, 2003

JICT's performance is considered so poor that the State Minister for SOEs plans to buy back its shares from Grosbeak.

. tempo : 173172070097.

FERDINAND Nainggolan is enraged. The Deputy State Minister for State-Owned Enterprises (SOEs), Logistics & Tourism Division, loudly voices his irritation. He considers the performance of Jakarta International Container Terminal (JICT) has remained bad although the majority of its shares had been sold to Grosbeak, a Hong Kong company. Many of the promises made by one of the largest port management companies in the world when they submitted

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