“ … 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, October 23, 2008

Kuwait invests US$300 million in Mamuju, West Sulawesi

Mamuju (ANTARA News) - A Kuwaiti company, Gulf Investment House (GIH), has invested around US$300 million in Mamuju district, Mamuju, West Sulawesi, through capital participation in the Mamuju regional company (Perusda Mamuju). 

The memorandum of understanding on the investment was signed by Perusda Mamuju`s president director Benyamin S and GIH`s president director Raseed Al-Badab here on Tuesday, in the presence of Mamuju district head Suhardi Duka and the chairman of the district`s legislative assembly, Thamrin Endeng. 

Raseed Al-Badab said on the occasion that his company was attracted to invest in Mamuju because of the region`s natural as well as human resource potentials that could be exploited to support investment activities. 

He said his company had had investments almost across the world such as Europe and America but because it was difficult to develop them the company decided to move them to Asia and to Indonesia in particular. 

"We are attracted to invest in Indonesia and in Mamuju in particular because most of the country`s population are Moslem and therefore making it easier for the company to conduct shariah-based investment," he said. 

He said he hoped the investment that his company had put in Mamuju would be successful so that it could contribute positively to the development of the company as well as the people in the region. 

Suhardi Duka meanwhile said that the US$300 million investment was an initial GIH capital participation as a contractor for Perusda Mamuju before it would later invest in West Sulawesi in line with the existing law. 

He said GIH would invest in the region for 30 years to process natural resources in Mamuju such as oil and gas, gold, coal, nickel, iron ore and potentials in the forestry as well as plantation sector. 

In view of that he said he asked Perusda Mamuju as a GIH partner to cooperate professionally and transparently with the Middle Eastern company. 

"We hope that the investment of GIH could empower the local people and increase local income for raising the living standard of the people," he said.

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