“ … 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.)
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Thursday, April 15, 2010

Taiwanese Groups Commit to Big Indonesian Projects

Jakarta Globe, Arti Ekawati, April 15, 2010

President Susilo Bambang Yudhoyono, UN official Noeleen Heyzer, center, and Coordinating Minister for the Economy Hatta Rajasa at an infrastructure conference in Jakarta on Thursday. (Antara Photo/Pandu Dewantara)

Two Taiwanese companies plan to invest billions of dollars in Indonesia’s petrochemical and biofuel industries, Coordinating Minister for the Economy Hatta Rajasa said on Thursday.

He said that Taiwan-based oil and gas firm CPC Corporation planned to build a $2.8 billion petrochemical center in Kalimantan, adding that the company had yet to decide exactly where to establish the project.

“They’re looking for the perfect location for the petrochemical center,” Hatta told reporters on the sidelines of the Asia-Pacific Ministerial Conference on Public Private Partnerships for Infrastructure Development 2010.

He said CPC chose Kalimantan because of the availability of raw materials for the petrochemical project and the rapid development in the region.

He added that CPC planned to team up with a local partner, whether a private company or state-owned enterprise such as oil and gas company PT Pertamina, to develop the project. Teaming up with Pertamina would help ensure the supply of the necessary raw materials.

Hatta said that another Taiwanese company is seeking to develop a jatropha plantation to produce biofuel. He said the company has already obtained the necessary license from the local administration to develop a 100,000 hectare jatropha plantation in East Kalimantan. He did not disclose the name of the company nor the size of the planned investment.

Hatta said the Taiwanese investor asked the government to make the plantation area a special economic zone (SEZ), which among other benefits would allow the investor to be exempted from paying duties and taxes when importing equipment and raw materials.

He added that several investors from Japan, South Korea and China had also asked for similar treatment before investing in various business sectors in Indonesia.

“Many investors have expressed an interest in developing businesses here under the SEZ system,” he said.

He said the requests were in line with the government’s plan to develop several SEZs. For instance, the SEZ in East Kalimantan would be focussed on energy-related industries such as biofuels and petrochemicals.

Meanwhile, the SEZ in Sumatra will focus on oleo-chemicals as the region has vast palm oil plantations.


Related Article:

Summit on Infrastructure Investment Offers Opportunities and Frustrations


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