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Japan supports Indonesia`s infrastructure development program

Sharp opens LED TV factory in Karawang


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Japan-based electronics company Sharp officially opened on Wednesday morning an LED TV factory in Indonesia, located in the Karawang International Industrial City in West Java.

Industry Ministry Saleh Husin and Sharp Indonesia president director Fumihiro Irie attended the inauguration of the factory, accompanied by a number of local officials.

The Rp 55 billion ( US$4.1 million ) factory will employ 1,856 workers, with a capacity of about 1 million TV units per year.

Saleh said the government aimed to further develop the country's electronics industry as a vital part of the global electronic products supply chain.

Irie said despite the economic slowdown, Sharp Indonesia sought to provide quality products for its Indonesian customers.

"With the new factory, we will continue to locally produce quality products for our customers," Irie said in his speech. ( dmr )
http://www.thejakartapost.com/news/2016/05/18/sharp-opens-led-tv-factory-in-karawang.html

Had Sharp TVs for years ... From the experience my family owning them I have to admit they're the toughest TV I've ever seen. They maybe not the most sophisticated TV on the market but very reliable.
 
Had Sharp TVs for years ... From the experience my family owning them I have to admit they're the toughest TV I've ever seen. They maybe not the most sophisticated TV on the market but very reliable.
hahaha.. my mom buys Sharp for almost every electric tool in my house only because they are from Japan.. our parent generation maybe always trust in Japan Quality.. but our generation prefer for Korean Quality for home electric and Chinese quality for smartphone and Notebook... :D
 
Japan, Indonesia issue first carbon offset credits under JCM

Published 03:03 on May 13, 2016

Japan’s Joint Crediting Mechanism (JCM) has passed an important milestone as the first ever carbon credits have been issued under the programme for emission cuts achieved at two projects in Indonesia.

The first issuance was miniscule – credits were awarded for 40 tonnes of CO2e cuts achieved by introducing highly efficient refrigerators at two food storage and processing plants in Indonesia.

But the credit awards are a sign that the mechanism is maturing after nearly six years of preparatory work.

Japan has signed JCM deals with 16 nations including big emitters such as Mexico, Saudi Arabia, and Vietnam, and it expects the mechanism to contribute up to 100 million tonnes of CO2e cuts by 2030.

It also provided some clarity on how the issuance process will work under the JCM, through which Japan has set up bilateral committees with each of its partner countries.

The Japan-Indonesia committee approved the issuance, but the actual credits were issued by the two governments separately, an official at Japan’s Ministry of Environment told Carbon Pulse.

Japan issued 31 JCM credits, of which the government will keep 27, while four went to Mayekawa, the company providing the technology.

Indonesia issued the other nine, the first time the country has ever issued carbon offsets. The government received five of them into its account in the JCM registry, while the project host, PT Adib Global Food Supplies, received four.

The private companies can use the offsets to meet voluntary targets domestically or sell them to interested buyers.

Whether the governments can use the credits towards their Paris Agreement targets remain subject to international negotiations.

By Stian Reklev – stian@carbon-pulse.com

http://carbon-pulse.com/19918/


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hahaha.. my mom buys Sharp for almost every electric tool in my house only because they are from Japan.. our parent generation maybe always trust in Japan Quality.. but our generation prefer for Korean Quality for home electric and Chinese quality for smartphone and Notebook... :D

Can't blame your mom and our parents.. known Japanese products are of top quality and reliable, and have been around in Indonesia for a very long time.

And your're right about current gen.. (based on what I see) the shift happened because Japan electronic products are generally more expensive than their Korean and Chinese counterpart, also, Korean's and China's are more innovative and more aggressive on ad.

For me, I buy electronics based on the quality I need, I mean I don't care about latest technology and the fancy stuff, as long as it's affordable, useful to me, and reliable. However, I'm moving towards Indonesian products in the last few years, replacing the broken and obsolete ones with local's if available. As of now I'm using Zyrex (laptop/notebook) and Evercoss (smartphone), so far they're not disappoint me.
Now, I know they're still basically assembled only in Indonesia but I rather give my money to Indonesian brand than to others :) ... Looking forward to have Polytron and Maspion as well hehehe :D


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Indonesia eyes more joint development with Japan: Widodo
JUN SUZUKI, Nikkei staff writer

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Indonesian President Joko Widodo

JAKARTA -- Infrastructure development is one of Indonesia's top priorities, President Joko Widodo said Tuesday, singling out stronger cooperation with Japan as particularly important.

The Southeast Asian nation has a "long history with Japan," Widodo told The Nikkei in an interview. Accelerated efforts at joint development are likely intended to warm relations that have cooled slightly amid growing Chinese involvement in public works projects here.



Getting back together

Widodo will visit Japan soon for outreach meetings on the sidelines of the Group of Seven summit. Talks with Prime Minister Shinzo Abe are under discussion. The president aims to request greater Japanese cooperation on the construction of ports, power plants and other key infrastructure.

"We need to strengthen our relationship with Japan, especially on the economy," Widodo said.

Indonesia is set to put around 5,400 trillion rupiah ($395 billion) into infrastructure projects by 2019. Japan is a partner on several of these, including a deep-sea port at Patimban in the province of West Java and the Batang power plant under construction in Java, Widodo said.

Japan staked out its central position in Indonesian infrastructure development under then-President Susilo Bambang Yudhoyono, who held office from 2004 to 2014. The two countries hatched plans for several large-scale projects during that time, including a high-speed rail link between the cities of Jakarta and Bandung and a large port at Cilamaya, West Java.

Yet Widodo's inauguration in October 2014 marked a turning point in infrastructure cooperation. The $5.5 billion contract for the Jakarta-Bandung rail line was awarded to a Chinese company, while the Cilamaya port was put on hold. In mending ties with Japan, the president is expected to target more balanced economic relations with multiple partners.

Around 80% of Indonesia's bold infrastructure plan is to be funded through private investment, Widodo said. "I will continue to make economic reforms, removing excessive permits, licensing and then restriction," he said, listing measures intended to draw more funds from abroad. The time needed to obtain business permits for infrastructure projects has already been cut from several months to three hours, Widodo revealed. He pledged to continue checking in on progress toward deregulation.

A wider net
 
Jokowi to Offer Northern Java Railway Upgrade to Japan


Jakarta.
Indonesia will offer the northern Java railway upgrade project first to Japan, smoothing over the last minute snubbing of the East Asian country last year after China was selected to complete Indonesia's first fast rail project.

President Joko "Jokowi" Widodo is in Japan on Thursday and Friday to attend a Group of Seven summit on invitation of Prime Minister Shinzo Abe. The two are expected to meet on the sidelines of the gathering.

Joyce Hutajulu, spokeswoman for director general of railway at Transport Ministry, confirmed the government has prepared a proposal for the northern Java railway upgrade.

"That's to be proposed to Japan," Joyce said on Thursday (26/05).

Under the proposal, the government plans to straighten up some of the railway's sinuous sections and elevate some of the railway crossings over roads in order to allow trains to reach and maintain top speeds of 150 kilometers per hour. Currently, trains rarely reach 100 km per hour.

This will allow travel across the 725 km track between Jakarta and Surabaya to be cut from the current nine hours to below five.

Joyce refused to reveal details of the proposal, including the cost of the project and its term.

Japan would likely compete with familiar rival as China Railway, the national railway operator of the People's Republic of China, had expressed its interest in the upgrading project. Indonesia's Transport Minister Ignatius Jonan agreed to send a team to China to conduct a preliminary study on the project with the company.

It was a deep disappointment to Shinzo Abe after losing Indonesia's first fast train project to China, despite being the first to propose and complete a feasibility study for the project, as well as launching last minutes charm offense to out bid China.

But, Indonesia's refusal to back the project with a government guarantee proved to be nail in the coffin for Japan's fast train proposal.

It remains unclear if the northern Java railway upgrade project will provide such a guarantee.
http://thejakartaglobe.beritasatu.com/economy/jokowi-offer-northern-java-railway-upgrade-japan/
 
China funding derailed Japan's bid -- Indonesian development chief
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Indonesian National Development Planning Minister Sofyan Djalil

TOKYO -- Indonesia's decision last September to choose China over Japan to construct its first high-speed railway came as a shock to many in Japan. The Nikkei Asian Review sat down with National Development Planning Minister Sofyan Djalil, a close confidant of President Joko Widodo, during the 22nd International Conference on The Future of Asia in Tokyo to talk about the decision and the Southeast Asian nation's economy.

Q: Why did Indonesia choose China's plan for the high-speed train, and what do you see as the respective strengths and weaknesses of Japan and China?



A: China's infrastructure investment has been growing very fast, but that is because it began from a small basis. Overall, Japanese investment in Southeast Asian infrastructure is much larger. As for the fast train between Jakarta and Bandung, it follows a new policy introduced in Indonesia where these kinds of investments will be conducted by the private sector, under public-private partnerships.

If PPP does not work, we will have our state-owned enterprises conduct the project because they have leverage. Then the last resort is to use the government budget. If we use our budget, say $1 million, we can only do a project worth $1 million. In the private sector, there is more possibility for leverage.

Last year, the fast-train plan that was offered by the Chinese was without government guarantees and without government money whatsoever. Because of that, the Chinese won the project. But that does not mean that our relationship or our commitment to working together with the Japanese was reduced. Today, our cooperation with Japan is as strong as before.

Q: It has been reported that Indonesia is looking to team with Japan to build a train between Jakarta and Surabaya.

A: We need to participate in all kinds of infrastructure investment in Asia. I met with representatives of the Japan International Cooperation Agency during this visit. We are working on a big port in northern Java to be financed by official development assistance from Japan. Regarding the train from Jakarta and Surabaya, actually this is not a new train (but an upgrade). Now we have lots of crossings so the train cannot move fast -- maybe a maximum speed of 80kph. We would like to remove all of the crossings, possibly by using flyovers or underpasses. We are working on this project and we will communicate with Japan in the near future.

Q: Indonesia will be borrowing from both the Japan-led Asian Development Bank and the China-led Asian Infrastructure Investment Bank. What are the differences between the two?

A: We have been working with the ADB for many years, and like Japan, it is one of the most trusted partners of Indonesia. I think the AIIB's role is to bridge the gap and fill the void. Right now the need for infrastructure money is so huge that the coming of the AIIB will bring more resources for infrastructure development. For us, there is not much difference. Right now we are working with the World Bank, and the AIIB is working through the WB system to lend us some money for projects in Indonesia.

Q: Have you had contact with the AIIB?

A: Oh yes. Some managers came to Jakarta last year, introduced themselves and said they are ready to extend credit.

Q: President Widodo said Indonesia intends to join the Trans-Pacific Partnership. What kind of benefit do you see and when do you intend to sign up?

A: The president intends to join the TPP. It means several things. First of all, we have to prepare ourselves so that one day if we do join the TPP we will be ready. At the same time, by intending to join the TPP, we force our economy to be open and more competitive because the TPP subscribes to very competitive standards. We believe that in this globalized world, we cannot live in closed borders. We have to be competitive and we have to be a member of the global community. In the meantime, we have to do a lot of homework to prepare our people as well as change laws and regulations to ensure that our economy is ready for the TPP.

Q: What is your outlook for the Indonesian economy?

A: Our target is still 5.3% to 5.5% growth. The International Monetary Fund projected lower growth, but the IMF is famous for its conservatism. We still hope we can achieve more than 5% this year.

Q: What can you tell me about President Widodo?

A: This president is very reformist and thinks out of the box. In this current situation we should think out of the box because the world is moving so fast in various sectors. What was thought to be a strength in the past may not be so now. In the case of Japan, things like a long life (expectancy), lifetime employment, consensus-building and seniority were all thought to be strengths. But in this fast-changing world you have to adapt quickly to the outside world. Therefore, a leader has to be reformist, to be agile and not be dogmatic so that we can adjust.

Interviewed by Nikkei deputy editor Ken Moriyasu
 
Japan's Export Bank Agrees $3.4b Loan for Indonesian Coal Station

Jakarta.
The Japan Bank for International Cooperation (JBIC) agreed on a $3.4 billion loan for the controversial Batang coal power project, after years of delay, the publicly funded Japanese bank said.

JBIC will contribute just over $2 billion to the loan to fund the 2,000 megawatt coal-fired power plant in Central Java. Other Japanese banks including Sumitomo Mitsui, Mizuho and Bank of Tokyo-Mitsubishi are also joning the loan, JBIC said in a release late on Friday (03/06).

Financial close of the loan for the coal-powered station was delayed two months, just one of many hitches for the project.

Indonesia's Supreme Court had earlier thrown out a landholders' lawsuit on technical grounds, paving the way for the government to take over the remaining land for the project.

Construction was meant to begin in 2012, but has been repeatedly delayed as dozens of landowners refused to give up their paddy fields for the power plant.

Bhimasena Power Indonesia (BPI) - a joint venture set up by Indonesian coal miner Adaro Energy and Japan's Itochu Corp and Electric Power Development Co (J-Power) - is building and operating the project.

Japan is one of the few industrialized economies that still promotes coal heavily, including technology to reduces carbon emissions from the world's dirtiest fossil fuel. Critics say the reductions are too small to justify the expense, especially as renewable energy sources become cheaper.

Reuters
 
Japan set to invest Rp 900 billion to develop three shopping centers
Red: Julkifli Marbun

Republika/Tahta Aidilla
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Franky Sibarani
REPUBLIKA.CO.ID, JAKARTA -- The Investment Coordinating Board of Indonesia (BKPM) has said a Japanese corporation is interested in investing 900 billion rupiahs to develop three shopping centers in Indonesia.

The Chairman of the BKPM, Franky Sibarani, addressing a press conference in Jakarta on Tuesday, said the corporation wants to build these shopping centers over the next two years.

The firm is currently conducting research to determine the locations in Jabodetabek.

"Each shopping center project will involve investment worth 300 billion rupiahs. So, about 900 billion rupiahs worth of investment will happen in the first phase. We are supporting the process so that the investment is realized expeditiously," he stated.

Franky further elaborated that the corporation has appointed a local partner to develop the project.

It is estimated that the development of one single shopping center will take one and a half year.

The corporation had earlier established a branch in Cambodia.

According to Franky, Indonesia continues to be an appealing destination for investment as it has a massive market potential and is part of the ASEAN Economic Community.

"They already have a local partner with experience in the field, and are now waiting to find an appropriate location. The long term plans for these three shopping centers are now in place, and the company wants to start its research in Surabaya and Makassar," he disclosed.

"We are always ready to facilitate and oversee the investor's needs. We want to ensure that they are satisfied with BKPM's services, " he reiterated.

According to BKPM's data, Japanese investment commitments have grown and Japan is now among top 10 marketing priority countries.

Japan came in 3rd with 95 percent growth in investment that has reached US$8.1 billion.

It was preceded by China with $22.2 billion, 42 percent more than last year. Singapore also saw a rise of 69 percent with investment reaching $16.3 billion.

Following Japan, South Korea also noted a rise of 86 percent in investment commitments, taking it to $4.8 billion.

While the realization of Japan's investment in Indonesia in 2015, the country saw a 6 percent increase compared to the same period in 2014.

Japanese investment in Indonesia has been recorded at $2.87 billion, in a total of 2,030 projects, recruiting 115,400 laborers.

Much of Japan's investment has been in the manufacturing sector, especially automotive, electronics and machinery. Pharmaceutical and chemical sectors are also on the list.

Sumber : Antara
 
Indonesia`s sea toll project to receive Rp365 billion Japanese investment
Jumat, 10 Juni 2016 17:24 WIB | 818 Views

Jakarta (ANTARA News) - The Investment Coordinating Board (BKPM) has identified a Japanese investor keen on investing Rp365 billion in a sea toll road project.

The interest was expressed during a one-on-one meeting with several major companies when BKPM Head Franky Sibarani had visited Japan recently.

The sea toll road project, particularly will concern cargo shipping from Surabaya in East Java Province to Indonesias eastern regions, including Papua, Sibarani noted in a statement on Friday.

"We will follow up on the investment interest, which is considered strategic," he affirmed.

Sibarani hoped the investment project will be realized this year.

Another Japanese firm was interested in expanding its sanitary napkin business in Indonesia.

A Japanese automotive spare parts company plans to build a factory in Karawang, West Java.

To follow up on the memorandum of understanding signed between the BKPM and Bank of Tokyo Mitsubishi UFJ in 2007, the investment agency had visited three Japanese cities: Fukuoka, Nagoya, and Tokyo.

Sibarani promoted investment opportunities in Indonesia while making presentations, respectively before 67 businessmen in Fukuoka and 118 in Nagoya on June 9.

Japans investment realization in Indonesia increased by six percent in 2015 compared to that in the previous year.

Japans investment in Indonesia in 2015 had reached US$2.87 billion, spread across a total of 2,030 projects and employed 115,400 workers.(*)

http://www.antaranews.com/en/news/1...-to-receive-rp365-billion-japanese-investment
 
Japanese Investors Eye Indonesia`s Electricity, Gas Sectors
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TEMPO.CO, Jakarta-Chairman of BKPM Franky Sibarani said Japanese investors have shown intention to invest in various major electricity projects in Indonesia.

“In addition to several power plants, the most appealing project [for the investors] is the Gas and Thermal Power Plant Java 1 [PLTGU Jawa 1] with a capacity of 1,600 megawatt,” Franky told the media in a written statement, Saturday, June 1, 2016.

In addition to PLTGU Jawa 1, BKPM has also identified interest of two other Japanese firms to invest in the development of small hydropower plants and small-scale fuel recycling industry, respectively.

BKPM data shows that Japan’s investment realization in the second quarter of 2016 reached US$1.58 billion which consists of 427 projects that absorbed 28,377 workers.

Japan is behind Singapore in the investment list, above Hong Kong, China and the Netherlands.

Indonesia saw positive trend in Japan’s investment realization in 2015 that increased by 6 percent compared to that of 2014 which was at US$2.87 billion, with 2,030 projects that absorbed 115,400 workers.

The main contributors of Japan’s investment are manufacturing, particularly automotive, electronics and machinery, as well as chemical and pharmaceutical sectors.

INGE KLARA SAFITRI

http://en.tempo.co/read/news/2016/0...estors-Eye-Indonesias-Electricity-Gas-Sectors
 
Indonesia Raises JPY100 Billion from Samurai Bonds
Suci Sedya Utami • 16 Juni 2016 14:05 WIB
finance and money
En Business
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Illustration (Photo: AFP)
Metrotvnews.com, Jakarta: The Indonesian government raised JPY100 billion or Rp12.58 trillion on Wednesday (6/15) from the sale of samurai bonds.

It is divided into two series, G and H series, which will be issued on June 21, 2016.

BACA JUGA
G series is a three year bonds valued at JPY62 billion with a 0.83 percent coupon. Meanwhile, H series is a five year bonds valued at JPY38 billion with a 1.13 percent coupon.

Source from the Ministry of Finance confirmed that Japan Bank for International Cooperations (JBIC) did not guarantee the samurai bonds. The Indonesian government wants to familiarize investors with the country's credit risk. "So, we will not be dependent with guarantee," the source said, on Thursday (6/16/2016).

Mitsubishi UFJ Morgan Stanley Securities Co. Ltd, Mizuho Securities Co. Ltd and SMBC Nikko Securities Inc. acted as the joint lead arrangers of the sale.


(WAH)
 
July 20, 2016 5:34 am JST
Sumitomo gains warehouse foothold in Indonesia
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Sumitomo worked with Rodamas, a local family of businesses with assets in manufacturing and real estate, on the roughly 3.5 billion yen warehouse project.

TOKYO -- Japan's Sumitomo Corp. has expanded its warehouse business overseas for the first time with a newly constructed facility outside Jakarta.

Completed Monday in Bekasi Regency, about 35km from the Indonesian capital, the roughly 53,000-sq.-meter facility will be leased to a local unit of Japanese health and beauty products maker Kao, Sumitomo said Tuesday. The trading house is eyeing moves into warehousing in other emerging markets as well.



Sumitomo worked with Rodamas, a local family of businesses with assets in manufacturing and real estate, on the roughly 3.5 billion yen ($33 million) warehouse project. The two groups have been partners in office property development since the 1980s.

(Nikkei)
 
RI considered best in using EM4 technology


REPUBLIKA.CO.ID, DENPASAR -- Indonesia is considered the best place for applying Effective Micro-Organism4 (EM4) out of the 100 countries that have been implementing such cultivation technology to improve soil fertility and develop organic agriculture.

"Of the 100 countries, Indonesia is among the 54 countries that have been producing EM4 by using micro organisms for plant growth," the Japanese EMRO's (Effective Micro-organisms Research Organization) director, Shintani Masaki, said here on Thursday.

After the opening ceremony of an international meeting for discussing the development and challenges in the implementation of EM4, Masaki said Bali and several regions in Indonesia can be models for other regions across the world.

At least 70 participants from 17 countries are participating in the meeting.

Meanwhile, the Indonesian EM4 pioneer Gede Ngurah Wididana, said the application of EM4 by 100 countries has been rapidly developing organic agriculture in the world.

Gede added that the development of EM4 in Indonesia was initiated in 1990 by studying technology from Japan.

He said the EM4 technology is used to support environmental-friendly agriculture's development covering animal husbandry, fishery, plantation, crops, besides sewage treatment.

EM4 is a mixed culture of beneficial micro-organisms derived from Indonesia's nature, which is beneficial and environmentally friendly for soil fertility, plant growth and production.

It contains fermentation and synthetic micro-organisms consisting of lactate bacteria, photosynthetic bacteria, yeasts and fungi, which break down cellulose to ferment soil organic matter into organic compounds that can be easily absorbed by the roots.

The technology is expected to produce healthy crops without disturbing the natural balance.

EM technology was first discovered by Prof. Teruo Higa of the University of Ryukyus, Okinawa, Japan, and is now widely applied across the world.

The international meeting on EM4 will be held from July 21 to 23, and will be based on the theme of "Security of Environment and Foods for the Welfare of the International Community."

The participants will come from China, Hong Kong, India, South Korea, Laos, Malaysia, New Zealand, Philippines, Pakistan, Russia, Singapore, Sri Lanka, Thailand, Vietnam and Indonesia.

Sumber : Antara
 
Patimban land prices kept low before port construction kicks off
Jakarta | Wed, July 27 2016 | 08:06 am
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Workers unload electric cars from Japan at Tanjung Priok Port in North Jakarta on Sep. 19, 2014. The government plans to build a deep sea port in Patimban, West Java, to take some of the pressure off the overloaded Tanjung Priok Port. (Tempo/M Iqbal Ichsan)


Patimban regional leaders in Subang, West Java, have formed a land appraisal team to keep land prices in the area at a more affordable level before the Patimban deep-sea port mega project starts construction.

Transportation Ministry director general for sea transportation Antonius Tonny Budiono said land prices in the area had hit Rp 100,000 (US$7.6) per square meter from Rp 70,000 previously as the public anticipate the building of Patimban Port, a bilateral project between Indonesia and Japan.

"The team will release the government-agreed price to the public, so that land is free from speculation," he said in Jakarta on Tuesday.

Most of the port structure will be built on reclaimed land to keep costs down. "We are doing it on reclaimed land to minimize land acquisitions. Land acquisition is more costly as there are many land price speculators. In the case of reclaimed land, the matter is merely technical," Antonius explained.

The port, located about 70 km from Karawang Industrial Estate and Bekasi in West Java via the Pantura toll road and 110 km via the Cipali toll road, will have container capacity of 1.5 million 20-foot equivalent units (TEUs) once partly completed in 2019 and will be expanded to 7.5 million TEUs by 2037, half that of Jakarta’s Tanjung Priok Port, the country’s largest port.
http://www.thejakartapost.com/news/...t-low-before-port-construction-kicks-off.html
 

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