Papua Dreaming About Freeport

LIKE a poor man wanting to become a rich man. This simile very aptly illustrates the desire of the Provincial Government of Papua to purchase the shares of PT Indocopper Investama—a company that controls 9.36 percent of the shares of PT Freeport Indonesia. The price of Indocopper is estimated to be US$1 billion, or around Rp9 trillion, while Papua's regionally derived revenues have never even amounted to as much as Rp1 trillion. Every yea

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