blog.indahnesia.com - Discover Indonesia Online

    
You are currently in > Just a blog about Indonesia > Bali regional government becomes toll road shareholder


Bali regional government becomes toll road shareholder DENPASAR, BALI - The provincial government of Bali has formally become a shareholder in PT Jasa Marga Tol – the operator of the new toll road set to soon connect Benoa – Ngurah Rai Airport – Nusa Dua.

The National New Agency Antara quotes the 2nd Assistant for the Provincial Government of Bali, Ketut Wija, on Thursday, February 14, 2013, who confirmed that the provincial government of Bali had invested Rp. 100 billion (US$10 million) in the road project.

In meeting its commitment to the project the province will pay its capital commitment in two phases: Rp 35 billion from the 2013 provincial budget and the remaining Rp. 65 from the subsequent budget.

“In this way, the total will reach Rp. 100 billion earning an 8.01% shareholding via shares with a nominal value of Rp. 1.6 million per share,” explained Wija. The regency of Badung has also taken an 8.1% share in the project at the similar cost of Rp. 100 billion.

The shareholding by the province and the regency awaits final ratificaton from the Minister of Public Works and the agreement of a syndicate of creditors financing the road project that has an estimated total value of US$258 million.

Originally there were seven investors in the Bali toll way comprised of PT Jasa Marga, PT Pelindo III, PT Angkasa Pura I, PT Wijaya Karya, PT Adhi Karya, PT Hutama Karya and PT Bali Tourism Development Coorporation (BTDC).



PT Wijaya Karya has relinquished its shares allowing the province of Bali and the regency of Badung to each acquire an 8.1 % share in the project. The number of total shareholder in the project with the addition of the province of Bali and the regency of Badung brings the current total number of shareholders to eight.


Related blog entries (category 'Economy') Related blog entries (category 'Economy'):
11 February 2013 · Indonesia bans house maids from working in Middle East
07 February 2013 · Consortium of state-owned companies to build monorail
06 February 2013 · Thousands of workers hold rally in Jakarta
18 January 2013 · Electricity tariff hike to save Rp14 trillion subsidized budget
14 January 2013 · Batam coastal areas to be developed into coconut plantation
12 January 2013 · Number of 'official poor' on the rise on Bali

Related blog entries (category 'Economy') Tags: regional, government, shareholder, toll road, project


Posted in Economy @ 18 February 2013 02:01 CET by Blog Bot · 'Blog' RSS feed · permalink






There are no reactions on this blog entry yet. Be the first one to give a reaction here!


Log in to write a reaction

You are not logged in to the website. You have to be logged in to write a reaction on this blog entry.

· If you already have an account, please login.
· If you have lost your password, please retrieve it.
· If you don't have an account yet, you can create one.

    
 ABOUT THIS ENTRY
Add this blog entry to your email, your own blog, MySpace, Facebook, or whatsoever via AddThis:
Bookmark and Share

e-mail updates for this blog article

Login if you want to receive emails for reactions on this blog entry. You will receive an update as soon as a reaction on this blog entry is posted.

Your website for tickets in Indonesia!
Looking for e-tickets for flights in Indonesia? Here's your solution! Order your e-tickets at ticketindonesia.info.
 FOLLOW US ON TWITTER
 BLOG ARCHIVE
· 2015, 28 entries
· 2014, 591 entries
· 2013, 750 entries
· 2012, 1061 entries
· 2011, 792 entries
· 2010, 644 entries
· 2009, 916 entries
· 2008, 504 entries
· 2007, 725 entries
· 2006, 1014 entries
· 2005, 723 entries
· 2004, 558 entries
· 2003, 525 entries
· 2002, 375 entries
· 2001, 162 entries
 POPULAR TAGS
· gigolo
· jakarta
· blogger
Automatically generated every hour
 BLOG CATEGORIES
· General (1205 entries)
· Economy (643 entries)
· Politics (574 entries)
· Accidents (561 entries)
· Terrorism (541 entries)
· Earthquake (539 entries)
· Volcanoes (387 entries)
· Crime (357 entries)
· Corruption (349 entries)
· Flooding (278 entries)
· Elections (276 entries)
· Travel (268 entries)
· Bird Flu (254 entries)
· Religion (242 entries)
· Tourism (239 entries)
· Oddly enough ... (219 entries)
· Violence (198 entries)
· Drugs (196 entries)
· Health (192 entries)
· Aceh conflict (191 entries)
· Environment (185 entries)
· Weather (171 entries)
· Military (168 entries)
· Protests (157 entries)
· Culture (106 entries)
· Garuda Indonesia (91 entries)
· C. Sulawesi conflict (86 entries)
· Human rights (82 entries)
· Forest fires (78 entries)
· Sidoarjo mudflow (71 entries)
· Power supply (64 entries)
· Ramadan (63 entries)
· PT Freeport (55 entries)
· Picture guess (48 entries)
· Maluku conflict (47 entries)
· Dengue Fever (37 entries)
· History (37 entries)
· Infrastructure (36 entries)
· Polio (35 entries)
· Mexican flu (35 entries)
· Website (25 entries)
· Media (22 entries)
· Nuclear power (21 entries)
· Sports (20 entries)
· Sexy (16 entries)
· SARS (15 entries)
· Nightlife (10 entries)
· Others (5 entries)
· Lippo Cikarang (5 entries)
· Close smallest categories
 EXCHANGE RATES
EUR-IDR: 15,883 · 15,900  The Rupiah rate declined since yesterday
@ 24 Sep 2017 20:43 CET
JPY-IDR: 118.67 · 118.87  The Rupiah rate improved since yesterday
@ 24 Sep 2017 17:59 CET
MYR-IDR: 3,169 · 3,180  The Rupiah rate declined since yesterday
@ 23 Sep 2017 17:34 CET
SGD-IDR: 9,792 · 9,875  The Rupiah rate declined since yesterday
@ 24 Sep 2017 19:39 CET
THB-IDR: 401.75 · 402.36  The Rupiah rate declined since yesterday
@ 24 Sep 2017 14:55 CET
USD-IDR: 13,290 · 13,313  The Rupiah rate declined since yesterday
@ 24 Sep 2017 19:09 CET
Go to 'exchange rates' 
 MOST RECENT REACTIONS
·  At 19 October 2015 17:17 imambudianto5 reacted on Bank Indonesia maintains benchmark interest rate at 7.75%
·  At 04 March 2015 19:18 merdekaSah reacted on Alleged terrorists shot dead three villagers in Poso
·  At 04 March 2015 13:11 Yogya-Bali reacted on Alleged terrorists shot dead three villagers in Poso
·  At 26 February 2015 13:02 Irena reacted on Sexy, a young woman with candy
·  At 08 May 2014 09:51 jstar reacted on No alcohol should be sold in warung
·  At 01 May 2014 10:07 jstar reacted on Indonesia to be among the top 10 peacekeeping contributors
·  At 27 March 2014 05:50 harlys reacted on PPP leader voices concern over Islamic parties' future
·  At 10 March 2014 06:11 Yogya-Bali reacted on Sriwijaya Air leaves behind 200 passengers at airport
·  At 09 March 2014 00:11 Yerun reacted on Sriwijaya Air leaves behind 200 passengers at airport
·  At 08 March 2014 20:33 nicknick reacted on Sriwijaya Air leaves behind 200 passengers at airport
·  At 18 February 2014 04:17 Yerun reacted on Ash from Mount Kelud eruption spreads over all of Java
·  At 16 February 2014 05:41 Amed East Bali reacted on Ash from Mount Kelud eruption spreads over all of Java
·  At 14 February 2014 22:27 Anne Mieke reacted on Asylum seekers in Medan wish to be sent to Australia
·  At 14 February 2014 22:22 beritaislam reacted on Asylum seekers in Medan wish to be sent to Australia
·  At 16 January 2014 15:37 Anne Mieke reacted on Landslides cut off Tomohon-Manado road
·  At 16 January 2014 15:21 Yerun reacted on Landslides cut off Tomohon-Manado road
·  At 16 January 2014 15:05 Anne Mieke reacted on Landslides cut off Tomohon-Manado road
·  At 16 January 2014 14:48 Yerun reacted on Landslides cut off Tomohon-Manado road
·  At 16 January 2014 14:41 Yerun reacted on Landslides cut off Tomohon-Manado road
·  At 16 January 2014 14:29 Anne Mieke reacted on Landslides cut off Tomohon-Manado road
Go to 'forum topics' 

Created by indahnesia.com · feedback & contact · © 2000-2017
Other websites by indahnesia.com: ticketindonesia.info · kamus-online.com · indonesiepagina.nl · suvono.nl

Valid HTML 4.01 Transitional 90,112,258 pageviews Discover Indonesia Online at indahnesia.com