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Pertamina

Unreal Estate

Tuesday, July 8, 2003

Pertamina land is being leased at nominal rents to two international schools. The company is now proposing that the leases be reviewed and new rents set, or risk further losses from these assets.

arsip tempo : 178042346754.

. tempo : 178042346754.

TIMES change, regimes change, but Pertamina continues to provide fodder for sensational news stories. Former Pertamina president irector Martiono Hadianto once said: "If you throw a stone anywhere, it will probably fall on Pertamina land." Despite the obvious exaggeration, his meaning was clear: plots of Pertamina-owned land are ubiquitous. Unfortunately, they're not well managed and some have even disappeared from the records.

Then there is the l

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