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Economics and Business
Investment on MP3EI Projects Reached Rp55.01 Trillion
Author : Global Future Institute

The investment made on 19 projects in the framework of the Master Plan for Acceleration and Expansion of Indonesia’s Economic Development (MP3EI) in the first semester of 2011 was recorded at Rp55.01 trillion.

Meanwhile 63 others projects be inaugurated in the second semester of 2011. The 19 MP3EI projects included the expansion of Bali’s Ngurah Rai airport worth Rp1.2 trillion and construction 9,981 km of Sumatra’s Fibre Optic Nusantara Super Highway Ring valued at Rp87.4 billion.

Others are the Java-Kalimantan-Sulawesi-Denpasar-Mataram Fibre Optic project worth Rp86 billion, the Mataram-Kupang Cable System worth Rp6.8 trillion, Floating Storage and gas unit in West Java valued at Rp500 billion, construction of two units of 3.500 DWT tanker ships in Surabaya and one unit in Lampung worth Rp109.49 billion.

The 19 projects also included the upgrading project of Pertamina’s lubricating oil unit in Jakarta totaling Rp103.55 billion, a fuel oil transit terminal in Bau-Bau totaling Rp337.1 billion and a rig project in Jakarta totaling Rp393 billion.

Besides, the MP3EI project also covered alumina chemical grade project in West Kalimantan totaling US$450 million, Sei Mangkei industrial estate in North Sumatra totaling Rp3,68 trillion, integrated steel factory in Banten totaling Rp26 trillion.

The steel project in South Kalimantan totaling Rp1.2 trillion, 6.000 DWT tanker ship in Jakarta totaling Rp46.1 million. The 19 projects were definitive projects that had been included in the budget work plan of respective state-owned companies. (dni/ant/bis)


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