Indonesia-Japan Cooperation Project Almost Completed

Coordinating Minister Bidanv maritime, Luhut Binsar Pandjaitan convey some progress has been achieved during a visit to Japan some time ago. At a media briefing at the Office of the Coordinating Ministry for maritime, Jakarta, Friday (23/12/2016), he said that talks on cooperation projects and proyel Masela Patimban Piers close to a deal. “Finalization Port Patimban has entered Bluebook (list of planned loans / grants) Bapenas. Memorandum of Understanding (MoU) between the Ministry of Transport and the Japan International Cooperation Agency for detail ….engineering is already done. From the Indonesian side, the Ministry of Transportation preparation of Detailed Engineering Design will involving BPPT, the IPC and the Japanese. Poyek this value is quite large, reaching 3,088 billion dollars. this will make the economy of West Java will grow well, “said Luhut.

Related Projects Masela, Luhut said the project is also close to a deal. According to Coordinating Minister Luhut, there will be three projects in this Masela project.

“We are still waiting for the agreement written. There will be a project of LNG, petrochemical and fertilizer plants, petrochemical and fertilizer plants have never occurred to us before. There are two issues that have to be resolved during the visit, namely the compensation of time and increase in production capacity,” he said ,

Luhut said the government would give additional contracts to Inpex’s Masela for 7 years and not 10 years as requested by Inpex.

“Until now, they have asked for 10 years but we see a realistic figure of 7 years,” he said.

Maritim Indonesia-Japan Cooperation signed in this visit, is actually a continuation of President Jokowi talks with Prime Minister Shinzo Abe last year.

“This cooperation is to improve the maritime economy and promote cooperation between Indonesia – Japan in the marine industry. Japan already see opportunities to invest in Pulau Natuna Besar, in the East Natuna for energy, and in Sabang to the port. They will also invest in Morotai “.

In a meeting with reporters, the Minister Luhut said that the Japanese government has agreed to build the project semi-fast train from Jakarta to Surabaya, where the public-private partnership scheme (PPP) is one alternative being considered.

He said, based on the views of the Head of Bappenas Bambang Brodjonegoro, PPP scheme chosen for the value of the project is very large, but according to the Law railway line is the state-owned assets,

“Therefore, we find a combination that should not burden the state budget. Japan also agreed with this and we hope this stay finalization,” he said.