“ … 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.)

Monday, February 25, 2008

Bakrieland expands to infrastructure projects

The Jakarta Post, Jakarta

Publicly listed PT Bakrieland Development is expanding to infrastructure projects, acquiring a 100 percent stake in PT Semesta Marga Raya (SMR) -- the developer of the 35-kilometer Kanci-Pejagalan turnpike.

Bakrieland Development president director Hiramsyah S. Thaib said in a media statement over the weekend that the acquisition, currently being conducted by a subsidiary, would be finalized early March at a cost of Rp 690 billion.

While the company's core business will remain in the property sector, Hiramsyah said, it is now entering the lucrative infrastructure sector -- focusing on toll roads and monorails.

"In the future, we predict the infrastructure sector will be able to contribute between 35 and 40 percent of the company's total revenue," he said.

At Oct. 31 last year, the company's unaudited net profits had reached Rp 88.8 billion, on revenue of Rp 547.7 billion. January-October 2007 profits surpassed 2006's full-year profits of Rp 67.8 billion.

Commenting on the Kanci-Pejagalan project (part of the massive Trans Java scheme), Hiramsyah said SMR had completed all the land-acquisition needed and would soon begin construction.

Bank Rakyat Indonesia and Bank Negara Indonesia have expressed interest in financing up to 70 percent of the project, estimated to cost around Rp 2.3 trillion, he said.

In addition to city residential projects, the company also develops hotels and resorts such as the Legian Nirwana Suites & Residences in Bali.

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