“ … Here is another one. A change in what Human nature will allow for government. "Careful, Kryon, don't talk about politics. You'll get in trouble." I won't get in trouble. I'm going to tell you to watch for leadership that cares about you. "You mean politics is going to change?" It already has. It's beginning. Watch for it. You're going to see a total phase-out of old energy dictatorships eventually. The potential is that you're going to see that before 2013.

They're going to fall over, you know, because the energy of the population will not sustain an old energy leader ..."
"Update on Current Events" – Jul 23, 2011 (Kryon channelled by Lee Carroll) - (Subjects: The Humanization of God, Gaia, Shift of Human Consciousness, 2012, Benevolent Design, Financial Institutes (Recession, System to Change ...), Water Cycle (Heat up, Mini Ice Ace, Oceans, Fish, Earthquakes ..), Nuclear Power Revealed, Geothermal Power, Hydro Power, Drinking Water from Seawater, No need for Oil as Much, Middle East in Peace, Persia/Iran Uprising, Muhammad, Israel, DNA, Two Dictators to fall soon, Africa, China, (Old) Souls, Species to go, Whales to Humans, Global Unity,..... etc.)
(Subjects: Who/What is Kryon ?, Egypt Uprising, Iran/Persia Uprising, Peace in Middle East without Israel actively involved, Muhammad, "Conceptual" Youth Revolution, "Conceptual" Managed Business, Internet, Social Media, News Media, Google, Bankers, Global Unity,..... etc.)

Thursday, January 17, 2008

14 local banks to fund turnpike construction

The Jakarta Post, Jakarta

A consortium of 14 local banks and financial investors will provide Rp 5.74 trillion (US$610 million) to finance the construction of a 21-kilometer turnpike planned by the Jakarta administration to ease traffic congestion in the capital.

According to a report in Antara newswire on Wednesday, the head of turnpike regulator BPJT, Hisnu Pawenang, said the turnpike would stretch from Bekasi in West Java to Cawang and Kampung Melayu in East Jakarta.

Some Rp 1.72 trillion of the funds will be injected by construction company Kresna Kusuma Dyandra Marga, with the remaining Rp 4.02 trillion provided by 14 local banks and AAA securities firm.

The banks include nationwide lenders Bank Negara Indonesia (BNI), Bank Rakyat Indonesia and Bank Bukopin, and regional lenders Bank Jabar, Bank Jatim, Bank Jateng, BPD Kaltim, Bank DKI, BPD Sumsel, BPD Papua, Bank Nagari, BPDB Sumut, BPD Aceh and BPD Kalsel.

BNI has been appointed as lead arranger for the syndication, due to its vast portfolio in turnpike projects, including the Cikampek-Palimanan toll road at Rp 490 billion; the Mojokerto-Kerosono toll road (Rp 556 billion); the Surabaya-Mojokerto toll road (Rp 764 billion); and the Kanci-Pejagan turnpike (Rp 657 billion).

BNI president director Sigit Pramono said the syndicated loan would have a maturity period of 12 years.

The project is slated for completion in 2011.

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