Investor Interest Low

Investor Interest Low

Not all merchandise in the government’s Infrastructure Summit 2005 in mid-January last interested buyer. The proof, O2 Palapa Ring Project (development of backbone network / backbone network), not much after him. Transportation Minister Hatta Rajasa said, investor enthusiasm for the project worth U.S. $ 1.6 billion (approximately Rp 15 trillion) is very low. “I have not seen enough serious investors in the telecommunications sector,” said Hatta. Conversely, the airport and port development projects invaded buyers.

According to Hatta, only natural that investors remain reluctant to glance at the construction project of fiber optic backbone network throughout the 30 thousand kilometers of it. Because the tissue surrounding the development of Indonesia and is in one project, it takes a very long time. If it is still quiet enthusiasts to the implementation of the next tender in early March, the government plan will offer the project again when traveling to several countries in Europe and Asia.

PT Telekomunikasi Indonesia Tbk., One of the investors who are averse glanced project. Director of Business Services Suryatin Setiawan said Telkom, Telkom has a fiber optic network itself. “Networks that are in accordance with the projections that we want,” he said. Telkom’s backbone network covering Kalimantan, Java, and Sumatra. Construction is still waiting for the eastern market is strong.