TheJakartaPost

Please Update your browser

Your browser is out of date, and may not be compatible with our website. A list of the most popular web browsers can be found below.
Just click on the icons to get to the download page.

Jakarta Post

Seven airports offered up for private investment

  • Nani Afrida

    The Jakarta Post

Jakarta   /   Thu, September 2 2010   /  09:16 am

The director general of air transportation at the Transportation Ministry, Herry Bakti S Gumay, said Wednesday the government had offered up seven airports across Indonesia to be managed by foreign investors.“The airports are in South Banten, Bali, East Kalimantan, West Kalimantan and West Java. All require the construction of new terminals,” Herry told reporters. He said it was also possible that Jakarta’s Soekarno-Hatta International Airport and Ngurah Rai International Airport in Bali would be offered up as both were in need of massive  improvement.According to Herry, an Indian investor had shown interest in investing in Indonesian airports and had met with the government to submit proposals.It is believed the involvement of foreign investors is due to a limited state budget and provisions outlined in the aviation law.“There is no regulation barring foreign investors from...