Slow Investors, Delayed Toll Roads
Wednesday, April 6, 2011
PEOPLE are not wrong if they say that Indonesia is the best place for bad business practices. Here, anybody can break a business contract without having to worry about facing the consequences. One example is the dispensation given to 24 investors who failed to fulfill a contract to build toll roads.
In normal practice, project owners have the right to cancel agreements of contractors who fail to keep their promises. But the Toll Road Regulatory
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