The company will invest up to a billion dollars
Vice President Boediono offers the chance to invest in the Mamberamo River power plant in Papua to Chinese investors.
“The vice president wanted investors not only to exploit the natural
resources but also build infrastructure to be integrated with other
industries,” Yopie Hidayat said after a meeting with a delegation from
the State Development and Investment Corporation, the Chinese
government’s investment arm.
Meanwhile, the National Development Planning Agency (Bappenas) meet
with Chinese-owned Metal China Corporation (MCC) to discuss investments
in mining in Papua.
“They are aggressively investing in the mining sector for nickel and
iron to support Chinese growth,” Bappenas first secretary Syahrial
Loetan said on Saturday as quoted by kontan.co.id business news portal.
MCC’s investment plan would be firmed up in 2012.
Besides mining and power plant, according to media reports, Chinese
companies are also interested in building seaports and airports in the
Indonesian provinces of Papua and West Papua.
