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Indonesia one of safest nations: Greek minister
Kamis, 3 November 2016 16:05 WIB | 429 Views

Jakarta (ANTARA News) - Indonesia is one of the safest nations in the world, according to Greek Defense Minister Panos Kammenos.

"For us, Indonesia is one of the safest nations," Kammenos said after a courtesy call on Vice President Jusuf Kalla here on Thursday.

Witnessing the conducive security situation, the Greek minister said he did not hesitate to invite investors from his country to invest in Indonesia.

"We also open the door for Indonesia and the Asian markets," Kammenos said at the office of the vice president at the Presidential Palace complex.

He said he looked to Indonesia as one of the most populous countries in the world that is strategic for Greece.

According to him, the cooperation between Indonesia and Greece is not only in the field of defense and security but also in business and agriculture.

"Indonesia and Greece had also signed a memorandum of understanding (MoU) in the agricultural sector," Kammenos said.

At the meeting with Kalla, he also expressed the desire of his country to cooperate with Indonesia in the field of tourism.

The diplomatic relations between Indonesia and Greece was established in 1960; however, it was not until the 1990s that both the nations finally established resident ambassadors and embassies in each respective country.

The embassy of Indonesia in Athens was opened in 1994, while the embassy of Greece in Jakarta was opened in 1997.

A few dozen Greeks reside in Indonesia, mostly in Jakarta and Bali, and most of them are freelance professionals.

Indonesia and Greece share similarities too; both are democratic and archipelagic nations and both possess notable archaeological sites.

Therefore, in addition to the cooperation in politics, maritime transportation and shipping, other potential areas to be explored include culture and tourism industry.(*)

http://www.antaranews.com/en/news/107546/indonesia-one-of-safest-nations-greek-minister

Minister wants increase in exports of motorcycles
Kamis, 3 November 2016 15:59 WIB | 391 Views

Jakarta (ANTARA News) - The countrys motorcycle industry has recorded a leapfrogging increase in production over the past several years, but the industry is still a minor player in export, Industry Minister Airlangga Hartarto has said.

"The countrys production of motorcycles has increased 800 percent in the past three years but exports averaged only 300,000 units year," the minister said here on Thursday.

Motorcycle sales in Indonesia averaged 6 million units a year that means exports are only 5 percent of the domestic sales, he said.

Airlangga said currently the country had 90 million units of motorcycle on the street or more than one third of the population of around 250 million.

The number shows that motorcycles have become the main alternative of public transport in the country, he said.

Growing demand for transport service has contributed to the expansion of motor vehicle industry including motorcycle industry in the country, he said.

In the past five years , motorcycle industry in Indonesia has grown significantly with production averaging more than 7 million units per year.

The industry ministry said it is optimistic the rising trend would continue in the coming several years.

Airlangga said with the increase, the countrys position as the third largest producer of motorcycle in the world after China and India would not change.

He said motorcycle industrialists need to expand research and development to keep pace with the market requirement domestically and internationally.(*)

http://www.antaranews.com/en/news/107544/minister-wants-increase-in-exports-of-motorcycles
 
Indonesia, Russia establish reinsurance agreement
Jumat, 4 November 2016 01:10 WIB | 605 Views

Jakarta (ANTARA News) - The Russian Agency for Export Credit and Investment Insurance (EXIAR) and the Indonesian Insurance Institute, PT Asuransi Asei Indonesia (ASEI RE), have signed a reinsurance agreement at the annual Russia-Indonesia Business Forum in Jakarta.

A statement from the Russia-Indonesia Business Council received by ANTARA here on Thursday said that the agreement was signed by Aleksey Tyupanov, the EXIARs Director General, who is also the Director of Russian Export Center, and Eko Santoso, the Director of Asuransi ASEI Indonesia, at the forum held on October 31, 2016.

This agreement provides insurance support for Russian and Indonesian companies that are involved in joint projects.

In addition, the agreement provides mutual insurance for exporters of both countries through a risk-sharing mechanism.

The establishment of risk-sharing platform serves as an encouragement for carrying out projects in economic sectors and strengthening trade and economic relations between Russia and Indonesia.

The Russia-Indonesia Business Forum was attended by the Russian Federation Minister of Industry and Trade, Denis Manturov; the Indonesian Minister of Maritime Affairs and Fisheries, Susi Pudjiastuti; the Indonesian Coordinating Minister for Economic Affairs, Darmin Nasution; and the Russian Federation Ambassador Extraordinary and Plenipotentiary to Indonesia, Mikhail Galuzin.

The forum was participated by 150 delegates from Indonesian companies and 100 representatives from Russian companies, including Russian Railways, United Shipbuilding Corporation, Rosneft, Rusal, Rusnano and Rostech.

The Russia-Indonesia Business Council is a non-governmental organization which was established to bring together Russian and Indonesian businesses.

Its main mission is to develop a mutually beneficial business relationship in order to strengthen and expand economic trade, investment and scientific cooperation between the two countries.(*)

http://www.antaranews.com/en/news/107565/indonesia-russia-establish-reinsurance-agreement
 
Jakarta, November 4th, 2016
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some of compiled news with Australia. things seems to be going smooth with our southeastern neighbour.

Indonesia, Australia discuss free trade agreement


http://www.antaranews.com/en/news/107612/indonesia-australia-discuss-free-trade-agreement

Jakarta (ANTARA News) - Australian Minister of Trade, Tourism and Investment Steven Ciobo has met Indonesian Minister of Trade Enggartiasto Lukita in Australia on Sunday to discuss free trade agreements.

Press releases from the Department of Foreign Affairs and Trade of Australia received by ANTARA here on Sunday said that Minister Enggartiasto is visiting Australia to discuss the Indonesia-Australia Comprehensive Economic Partnership Agreement (IA-CEPA).

IA-CEPA will generate economic framework which is expected to make closer relations between Indonesia and Australia besides opening up markets and new opportunities for both countries.

According to Ciabo, the negotiations are going forward as the two countries continue to work to finalize the deal.

"Minister Lukita and I have agreed to make ambitious and high quality deals," Ciabo said, adding that the IA-CEPA can transform Australia and Indonesia economic partnership.

Indonesia is Australias important neighbor and great regional partner, with the value of two-way trade between Australia and Indonesia amounting to US$15 billion in 2015, Ciabo noted.

"IA-CEPA will bring our economies closer and allow Australian and Indonesian businesses to take advantages," he said.

IA-CEPA will create business opportunities for Australia and Indonesia to jointly work on those opportunities that will continue to develop in the future.



Indonesia, Australia cooperate on gold mining

http://www.antaranews.com/en/news/107611/indonesia-australia-cooperate-on-gold-mining

Jakarta (ANTARA News) - Indonesias state-owned mining enterprise PT ANTAM and Australian mining company Newcrest Mining Ltd. have established a strategic alliance to explore gold and copper in some areas in Indonesia.

A statement from the Australian Embassy in Jakarta received by ANTARA here on Sunday said the document on the strategic alliance was signed in front of Indonesian Minister of Trade Enggartiasto Lukita and Indonesian Head of Investment Coordinating Agency Thomas Lembong in Sidney.

According to the statement,the signing showed the increase in the two companies cooperation.

Australian Ambassador to Indonesia Paul Grigson who attended the signing welcomed the cooperation.

"The investment in both directions is a recognition that both countries have a lot of potentials to be offered to one another," he said.

Economic issues have been put forward in bilateral relations between the two countries by reviving the Indonesia Australia Comprehensive Economic Partnership (IACEPA) negotiations at the beginning of this year.

"More investments mean common prosperity," the ambassador said, adding that the increasing investment will create more jobs for people of both countries.

The cooperation on gold and copper mining has been established by the two companies since last year in the form of a preliminary study conducted at the end of 2015.

The preliminary study was then followed by a joint exploration in Indonesia.

ANTAMs operation areas spread across Indonesia. Ativities of the state-owned enterprise (SOE) include exploration, mining, processing and marketing of nickel ore, ferronickel, gold, silver, bauxite and coal.

Given the extent of mining concessions and the large amount of reserves and mining resources, ANTAM forms several joint ventures with international partners.

Newcrest is an old investor in Indonesia, which has earlier worked together with ANTAM in Gosowong gold mining in North Halmahera, North Maluku, through a joint venture company named PT Nusa Halmahera Minerals (PTNHM).

Meanwhile, Lembong described the alliance as a model for a strategic partnership between Australia and Indonesia.



Australia leads top ten sources of tourist arrivals in Bali

http://www.antaranews.com/en/news/107614/australia-leads-top-ten-sources-of-tourist-arrivals-in-bali

Denpasar, Bali (ANTARA News) - Australia led the ten top sources of tourist arrivals in the resort island of Bali in the January-September 2016 period, an official said.

"The number of Australian tourists visiting Bali in the first nine months of this year reached 850,326, up 16.85 percent from 727,678 in the same period last year," chief of the Central Statistics Agency (BPS) Office in Bali, Adi Nugroho said here on Sunday.

Most of the Australian tourists traveled to Bali by direct flights. Only 18,554 of them went to the island by cruise liner.

More and more Australians visited Bali as they regarded it as their "second home", he said.

Australia contributed 23.36 percent of the overall tourist arrivals in Bali at 3.63 million over the period, up 21.69 percent compared to the same period last year when the figure was recorded at 2.99 million.

Adi Nugroho said nine of the ten top sources of tourist arrivals in bali saw a significant increase in the number of tourist arrivals in Bali. Only the number of Malaysian tourists fell 6.64 percent to 138,203 from 138,203.

Meanwhile, China occupied the second place with 35.84 percent of the total budget fund.
 
Bright Indonesia program set Papua, W. Papua as priorities
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Power source: A state electricity firm PLN technician inspects equipment at the Mampang Dua power relay station in Jakarta. Indonesia expects to increase its electrification rate to 97 percent by 2019 from 85 percent last year. (Antara/Widodo S. Jusuf)

The Energy and Mineral Resources Ministry and state-owned electricity company PLN are working to jointly map electricity needs in Papua and West Papua provinces in an effort to realize the ministry’s Indonesia Terang (Bright Indonesia) project by 2019.

The ministry’s new and renewable energy director general, Rida Mulyana, said on Tuesday the mapping would help both entities set priorities in the procurement of electricity in the easternmost provinces

“We have done a lot of studies and held discussions with PLN in both provinces. After the mapping, we will immediately procure electricity there,” he said.

With the program, Indonesia expects to increase its electrification rate to 97 percent over the next three years from 85 percent in 2015.

Currently, Papua’s electrification ratio is only 45.93 percent while West Papua’s is 82.7 percent.

While working for Papua and West Papua, Rida said the ministry and PLN were also studying other provinces as previously planned in the Bright Indonesia program. The program previously stalled for months due to budget cuts in the revised 2016 state budget, as well as a Cabinet reshuffle, which saw a change in the position of energy and mineral resources minister from Sudirman Said to Ignasius Djonan.

However, Rida ensured that the ministry would continue the program, which is expected to electrify 12,659 remote villages, mostly in eastern Indonesia, through new and renewable energy sources. Aside from Papua and West Papua, electricity will be procured for Maluku, West Maluku, East Nusa Tenggara and West Nusa Tenggara, as stipulated in the latest plan. (adt/hwa)


Indonesia eyes electricity exports to neighboring countries
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Indonesia plans to sell electricity to Malaysia, Thailand and Singapore as the government is targeting greater profitability from several coal mine-mouth power plants that are anticipated to soon be completed in Sumatra.

National Development Planning Board (Bappenas) head Bambang Brodjonegoro said the plan was feasible as the power plants would have excess capacity.

"We can sell the electricity abroad via underwater cables," the former finance minister said during the ASEAN G2B Infrastructure Investment Forum in Jakarta on Tuesday.

Bambang said electricity demands were huge in peninsular Malaysia and southern Thailand, where Indonesia could meet those demands at competitive prices.

"As long as Sumatra’s electricity needs are fulfilled, we can export the excess capacity," he added.

President Joko “Jokowi” Widodo’s administration is targeting to complete its ongoing 35,000 megawatt (MW) electricity procurement program by 2019. Of the target, 7,800 MW will be supplied from mine-mouth power plants. (hwa)


Indonesia Becomes Model for Terrorism Prevention
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TEMPO.CO, Jakarta - Indonesia has become a model for other countries in preventing and handling terrorism, Deputy Foreign Affairs Minister Mohammad Fachir has said.

"Indonesia has numerous experiences in handling and preventing terrorism cases," the deputy minister said at the sidelines of ASEAN-UN: Regional Dialogue III on Political-Security Cooperation seminar on Tuesday.

At the event, the ASEAN and the United Nations (UN) member countries discussed conflict management and diplomacy.

The seminar is aimed to establish awareness of international people on terrorism threats, according to Fachir.

"Indonesia has shared experiences in preventing and resolving conflicts through cultural approach and repressive ways," he noted.

One of the terrorism cases in Indonesia was the Jakarta bombing in early 2016.

"Indonesia has been considered successful in handling the case so quickly and encouraging people not to be afraid of terrorism," Fachir said.

The UN is synergizing its action plan on terrorism prevention with the ASEANs mechanisms, he added at the seminar.


ANTARA
 
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THURSDAY, 10 NOVEMBER, 2016 | 06:30 WIB

Trump to Seek Indonesia`s Agreement on Trade Commitments

TEMPO.CO, Jakarta - The US President Elect Donald Trump will want Indonesia to agree to ratify international trade commitments including APEC and the Indonesia-US Strategic Partnership.

"Donald Trump will be interested in making investments in the infrastructure sector, including air, land and sea ports, especially investments that have the potential to lessen the influence of the Peoples Republic of China in South-East Asia," international relations observer from Padjajaran University, Teuku Rezasyah, told ANTARA News in Jakarta on Wednesday.

Teuku Rezasyah added that Donald Trump will potentially urge Indonesia to explain the Free-Active policy adopted by the country in the context of the rivalry between the US and China.

"Considering the importance of investment and trade security, Trump is likely to understand the challenges faced by Indonesia in following human rights principles in the country," he noted.

Republican Donald Trump won over his rival Hillary Clinton, the candidate of the Democratic Party.

Trump was elected as the 45th US President with total electoral votes far above Hillary Clintons.

His victory came as a shock since most surveys had predicted that Hillary Clinton would win the US Presidential contest.

ANTARA/tempo.co
 
Ane kira dia ngomong beneran.. trnyata dari pengamat..

But at least kita punya SetNov dkk, yg udah bantuin Trump kampanye.. Jadi bisa hubungan bagus lah wkwkwkw

Like this one too...anythinglah yang penting Indo makin makmur... :D

Cerita Hary Tanoe Yakinkan Trump Investasi di Indonesia
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CEO MNC Group Hary Tanoesoedibjo dan Donald Trump. (Foto: Okezone)


Pada 2015, Trump memutuskan masuk ke industri perhotelan untuk pertama kalinya di pasar Asia melalui PT MNC Land Tbk, anak usaha MNC Group.

Meski sudah mendapati kesepakatan, namun Hary Tanoe mengaku tidak mudah meyakinkan Donald Trump, sebagai investor asing untuk menanamkan modalnya di Indonesia. Sebab, ketidakpastian aturan di Indonesia disebut menjadi salah satu faktor penghambat minat investor.

"Tantangannya bagaimana meyakinkan mereka. Mungkin kita bisa meyakinkan tapi mereka enggak yakin dengan Indonesia. Jadi bagaimana kita yakinkan bukan hanya terhadap kita tapi juga negara kita. Kepastian aturan negara Indonesia itu jadi tantangan," ujar Hary Tanoe kala itu.

Selain di Bali, rencananya resor yang sama juga akan di bangun di Lido, Sukabumi, Jawa Barat. Trump Hotel Collection dan MNC Grup telah sepakat untuk bekerja sama membangun kawasan wisata (theme park) tereintegrasi berkelas dunia pertama kalinya di Indonesia.

Hary Tanoe menambahkan, pada dasarnya membutuhkan waktu. Terlebih lagi akan ada pengembangan wilayah yang dari 2.000 ha menjadi 3.000 ha. Adapun progres kedua proyek yang dimulai pada 2015 tersebut masih sesuai on track, sehingga diperkirakan penyelesaiannya sesuai jadwal yakni pada 2018.

"Progresnya jalan, proyek seperti itu membutuhkan waktu. Mungkin 2-3 tahun lah selesai," terang Hary Tanoe. (mrt)

(rhs)

okezone
 
Ane kira dia ngomong beneran.. trnyata dari pengamat..

But at least kita punya SetNov dkk, yg udah bantuin Trump kampanye.. Jadi bisa hubungan bagus lah wkwkwkw
Yeah we had them(?)
He he....
 
RI’s exim bank forges ties to drive exports
  • Prima Wirayani
    The Jakarta Post
Nusa Dua, Bali | Thu, November 10 2016 | 09:13 am


The Indonesian Export Financing Agency (LPEI), also known as Indonesia Eximbank, has forged ties with Asian export import (exim) banks in an attempt to boost Indonesia’s sluggish exports.

It signed a memorandum of understanding (MoU) with nine members of the Asian Exim Banks Forum (AEBF) during the 22nd AEBF Annual Meeting on Wednesday.

The nine banks hailed from Australia, China, India, Japan, South Korea, Malaysia, the Philippines, Thailand and Turkey.

Vietnam is the only country that has yet to sign the MoU, but has expressed support and willingness to do so, Indonesia Eximbank CEO Ngalim Sawega said. The MoU will be an umbrella agreement for more bilateral cooperation between the countries.

At the same time, Indonesia Eximbank also inked bilateral agreements with five exim banks — from Japan, Thailand, China, the Philippines and Africa.

Africa’s exim bank, which consists of 42 African countries with Nigeria holding the largest stake, is an invitee at the annual meeting.

The cooperation will take the form of financing, including by bridging Indonesian businesses with financing firms in the partner countries.

For instance, Indonesia Eximbank could transfer sharia finance knowledge to Africa’s exim bank, while the latter could commit to taking over political risks for Indonesian businesses in African countries.

Ngalim said such an assurance would make Indonesia Eximbank more comfortable in financing businesses related to African countries. More detailed bilateral agreements with Egypt and Nigeria are currently in the pipeline.

He expressed hope that the cooperation could be implemented as soon as possible, adding that the signatories had agreed to form a task force for faster implementation.

“We have to think out of the box amid this gloomy global economy and trade situation. One way is to boost trade among Asian Exim Banks Forum member countries.”

The export value of the 11 member countries reached US$4.8 trillion, almost 30 percent of total global exports, in 2015, the International Monetary Fund’s (IMF) trade statistics showed.

Indonesia is struggling with sluggish exports and imports. Non-oil and gas exports fell 6.1 percent year-on-year (yoy) in the first nine months, while non-oil and gas imports dropped 4.1 percent yoy, according to the Central Statistics Agency (BPS).

When exports and imports deteriorate, the contribution of an exim bank is required and it cannot do business as usual, claimed Deputy Finance Minister Mardiasmo.

“The government has assigned the exim bank to provide financing, guarantees and insurance services for projects that are difficult to implement, but are important to support the country’s development,” he said.

The government, he added, provided support to exporters to open new markets and to export-oriented businesses, which are facing a slowdown due to the dim global economy.

Indonesia Eximbank aims to boost its export financing by 14 percent to 15 percent next year. In 2016, it hopes to disburse Rp 90 trillion (US$6.88 billion) of financing. Almost 95 percent of the figure has been channeled so far.

The Jakarta Post
 
MARKETS STOCKS IPOS
Indonesia’s Sinar Mas Plans Big Singapore IPO for Power Assets
Company is planning to raise between $600 million and $800 million

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If Sinar Mas succeeds in raising $800 million, the offering would be the biggest to launch in Singapore since May 2013. PHOTO: REUTERS
By ALEC MACFARLANE in Hong Kong and P.R. VENKAT in Singapore
Updated Nov. 10, 2016 8:20 a.m. ET
0 COMMENTS


A conglomerate controlled by one of Indonesia’s wealthiest families is planning to list power assets in an initial public offering of up to $800 million in Singapore, in what could be the city’s biggest IPO in four years.

Jakarta-based Sinar Mas Group, the Widjaja family’s energy-to-banking conglomerate, is planning to bundle the assets into a business trust and sell units in the trust to the public in the first half of 2017, according to people familiar with the matter. Business trusts, a popular structure among investors in Singapore, provide a hefty dividend for yield-hungry investors.

The company has hired Credit Suisse Group AG and Nomura Holdings Inc. to handle the IPO, the people said.

Sinar Mas is planning to raise between $600 million and $800 million from the sale and bankers have already started gauging appetite for the offering from investors, one of the people said. A final decision hasn’t been made on which of its assets will be included in the deal, one of the people said.

An IPO is one of the options the company is considering to expand its power plants, Gandi Sulistiyanto, a managing director at Sinar Mas, told The Wall Street Journal. This is in order to participate in the Indonesian government’s plan to add 35,000 megawatts to the country’s power capacity by 2019, he added.

If Sinar Mas succeeds in raising $800 million, the offering would be the biggest to launch in Singapore since the May 2013 IPO of Asia Pay Television Trust, an investment vehicle for cable-TV operator Taiwan Broadband Communications, which raised $824 million.

With interest rates globally at record lows, investors have been willing to buy into business-trust deals that offer high dividend yields. Singapore’s stock exchange is home to nearly 60 trusts, including real-estate investment trusts, with a combined market capitalization of about $71 billion. Some REITs now offer yields close to 7%, while business trusts mostly offer even higher yields.

Sinar Mas’s energy and infrastructure unit, PT Dian Swastatika Sentosa Tbk, has operations in power and steam generation, coal mining and chemical trading, among other activities. The unit is one of six run by the conglomerate, alongside its pulp and paper, agribusiness and food, financial services, real-estate development and telecommunications divisions.

—I Made Sentana contributed to this article

Write to Alec Macfarlane at Alec.Macfarlane@wsj.com and P.R. Venkat at venkat.pr@wsj.com

http://www.wsj.com/articles/indonesias-sinar-mas-plans-big-singapore-ipo-for-power-assets-1478776550

Its good to see that the private sector is joining to support government's ambitious infra program!
 
Unemployment rate decrease in Jakarta

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Jakarta (ANTARA News) - The Central Bureau of Statistic (BPS) said Jakartas unemployment rate was 6.12 percent in August, 2016 or 1.11 percentage points lower than 7.23 percent a year earlier.

"In absolute term, the number of job seekers dropped 51,180 from 368,190 in August 2015 to 317,010 in the same month this year," BPS Chief Sri Santo Budi said in a news release here on Wednesday.

In August 2016, the number of labor force in the capital city was 5.18 million or an increase of 86,620 in a year from 5.09 million in August, 2015.
Singaporean PM, President Jokowi to inaugurate Kendal Industrial Park

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Singaporean Prime Minister Lee Hsien Loong and President Joko "Jokowi" Widodo are set to inaugurate the Kendal Industrial Park in Central Java, a joint Indonesian-Singaporean project, next Monday.

"President Jokowi and Singapore’s prime minister will come here to inaugurate the park. The schedule has been set, and the ceremonial preparation is almost complete," Industry Minister Airlangga Hartarto said in a press statement released Thursday.

The park is a joint venture between Indonesian property giant PT Jababeka and Singaporean Sembawang Corporation (Sembcorp). While Jababeka is a specialist in industrial parks, Sembcorp has businesses in marine industries, energy and property.

Airlangga said the 2,700-hectare industrial park already had 20 tenants with total investments of Rp 4.3 trillion (US$326.38 million). They will employ around 4,000 workers.
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Originally Posted by J.A.Setiawan
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kemaren mampir...,Ini persiapannya..........



Tenda juga sudah siap...


Indonesian govt allocates Rp187.5 billion for lake rehabilitation

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Denpasar (ANTARA News) - The Directorate General of Water Resources of the Ministry of Public Works and Public Housing has allocated Rp187.5 billion to finance seven lake rehabilitation projects in 2016.

"In 2016, we have allocated Rp187.5 billion for the restoration of seven lakes, namely Lake Toba in North Sumatra, Lake Tempe in South Sulawesi, Lake Maninjau in West Sumatra, Lake Rawapening in Central Java, Lake Tondano in North Sulawesi, Lake Limboto in Gorontalo, and Lake Singkarak in West Sumatra," Lolly Martina Martief, the operation, maintenance affairs director of the Directorate General of Natural Resources of the Ministry of Public Works and Public Housing, said here on Wednesday.

He said that the restoration works covered the dredging of lake sediment, the construction of lake dikes and lake zoning.

"This is important, because with the zoning of lakes and its borders, the water level could be determined and a spillway could be installed to adjust the height of the water level," he said.

Lolly said that the rehabilitation of the seven lakes will continue in 2017 with an additional fund allocation of Rp330 billion. The restoration of the seven priority lakes is one of the initiatives carried out by the Ministry of Public Works and Public Housing for the management of lakes in the country.
 
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