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Jakarta Post

Ministry’s proposal blocks initiator’s privileges

Jakarta   /   Tue, July 3 2012   /  08:03 am

The Finance Ministry has proposed revisions to the presidential decree on the Sunda Strait Bridge project, that could remove some of the initiator’s advantages to winning the contract.

An official document obtained by the press on Monday reveals that the interim head of the ministry’s fiscal agency, Bambang Brodjonegoro, has sent a letter on the revisions to the secretary of the Office of the Coordinating Economic Minister, with copies to ministers Hatta Rajasa and Agus Martowardojo, Deputy Finance Minister Mahendra Siregar, Deputy Public Works Minister Hermanto Dardak and other high ranking

In the letter, dated April 30, Bambang proposed a revision to Presidential Decree No. 86/2011 on the Sunda Strait Strategic Industrial Region Development project which allows the government to provide “support and guarantees” to the project.

Bambang told T...