State-owned Enterprises Invited to Manage Middle East Projects

Tempo Interactive, Saturday, 27 March, 2010 | 09:38 WIB

TEMPO Interactive, Jakarta:State-owned Enterprises Minister Mustafa Abubakar said his office has invited state-owned enterprises to meet with Iraqi and Jordanian businessmen who offered business in the construction sector. “I invited them for a business-to-business meeting,” Mustafa said in Jakarta yesterday.

Among the state-owned enterprises invited were PT Wijaya Karya, PT Adi Karya, and PT Pembangunan Perumahan. With regards to the financial loss suffered in the Middle East, Mustafa said state-owned enterprises have learned a lot from their experience. “They have learned their lesson and will not let it happen again,” he said.

The investments offered included projects in road, housing, and building construction in post-war Iraq. The collaboration would be in the form of a partnership or a possible joint-venture. The investment value is high although Mustafa does not know the exact figures. “We have not talked about numbers yet,” he said.

PUTI NOVIYANDA