Seventeen Investors Interested in Drinking Water Project
Thursday, 25 January, 2007 | 17:23 WIB

TEMPO Interactive, Jakarta: A total of 17 investors are interested in investing in a drinking water project at Tangerang.

This project is one of the 10 projects that the government offered at the 2006 Infrastructure Summit.

Bambang Susantono, Deputy Coordinating Minister for the Economy from the Infrastructure Division, explained that the Tangerang drinking water project will be divided into two locations: the western and the eastern sides of Cisadane River—one project for each respective location.

“Both have passed the pre-qualifying phase,”said Bambang after attending the Indonesian Infrastructure and Resources Conference at Dharmawangsa Hotel, Thursday (01/25) in Jakarta.

The 17 investors, according to him, consist of 12 national investors and 5 foreign investors including Malaysia (Asia Engineering/Acuatico), Singapore (Taico) and Japan (Mitsui).

According to Rahmat Karnadi, Head of the Support Body for Developing Drinking Water Supply System, said previously that the projects would need funding of Rp400 billion and would later be used for meeting drinking water needs of 900 liters per second in Tangerang over the next 25 years.

RIEKA RAHADIANA