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Concession Games

Wednesday, August 4, 2010

The House of Representatives has called for the Taman Ria area to be turned green. The state makes very little money from leasing the land at Senayan.

. tempo : 173231959035.

IT is time to reexamine the concessions given to several private companies by the state in the Bung Karno Stadium complex. The “leasing” of state land in Senayan, Jakarta, does not provide satisfactory profits. Imagine, from land worth Rp50 trillion—according to a Development Finance Controller report—the state receives only Rp15 billion a year, or Rp1.25 billion a month. This truly is a “stupid” business contract. The case of the Tam

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