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

Semarang offers Rp 17.13 trillion infrastructure projects

  • Dzulfiqar Fathur Rahman

    Jakarta

Jakarta   /   Sat, September 12 2020   /  01:00 am
Visitors walk along Kota Lama area, one of popular tourist destination in Semarang. The Central Java city has just been named as the cleanest tourist destination in Southeast Asia by The ASEAN Clean Tourist City Standard (ACTCS). (JP/Suherdjoko )

The Semarang administration offered investors five infrastructure projects worth a total of Rp 17.13 trillion (US$1.15 billion) in a business forum opened on Wednesday, as it seeks to develop the Central Java capital amid the ongoing health crisis.

During the 14th Semarang Business Forum, Mayor Hendrar “Hendi” Prihadi promoted, among other projects, a light rail transit project estimated to be worth Rp 14.76 trillion, waste-to-energy plant (PSEL) in Jatibarang subdistrict worth Rp 1.2 trillion and an underpass in the city’s Simpang Lima traffic circle worth Rp 850 billion.

“For investors making a deal to invest in Semarang today, we are ready to give discounts for BPHTB [land and building rights acquisition tax] and PBB [land and building tax],” Hendi said in a virtual talk on Wednesday.

The promotion of...