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Today's Headlines Bandung
One of the biggest problems in relation to infrastructure development or construction projects in Indonesia is the land acquisition process. Many projects have been delayed - or cancelled altogether - because local land owners refuse to sell their land to the developers of the project, or, they only agree to sell land at very costly prices.
A large chunk of the costs for the development of Indonesia's first high-speed railway - between the capital city of Jakarta and Bandung - is covered now a consortium of Indonesian and Chinese companies signed a USD $4.5 billion loan with the China Development Bank. This loan should cover about 75 percent of the total (estimated) costs to develop this railway. In 2015 the Indonesian government, rather unexpectedly, awarded the contract for this project to China, sidestepping Japan that thought it would be appointed to establish this railway.
Former Chelsea star Michael Essien, 34, signed a one-year contract to join Persib FC, one of the top football teams in Indonesia. Persib FC, which is based in Bandung (West Java), won the League One (formerly known as the Indonesian Super League) in 2014. Ghanaian-born Essien, a "box-to-box" midfielder, who was without a club after leaving Greece's Panathinaikos in 2016, was presented at the Gelora Bandung Lautan Api Stadium in Bandung on Tuesday (14/03).
Panic arose in Bandung (West Java) after a low-explosive, homemade bomb exploded on Monday morning (27/02) around 09:00 am local time near Pandawa Park in Cicendo. Indonesian police said there were no casualties. The man who allegedly detonated the bomb fled to an urban community office building before being shot by police about two hours after the explosion (and rushed to a local hospital where he is currently being treated). A second suspect, a woman, fled on a motorcycle. Police is still looking for her.
The launch of the clusters Amanda and Btari - consisting of 400 residential housing units - in the Summarecon Bandung project was well received by the market last week. Within five hours all units were sold. The Summarecon Bandung project is an ambitious integrated city which includes residential areas, commercial areas and mixed-use areas in the Southeastern part of Bandung (West Java). The company behind this project is publicly-listed Summarecon Agung, an Indonesian real estate construction and development company.
Although the start of construction of the USD $5.5 billion high-speed railway between Indonesia's capital city of Jakarta and Bandung (West Java) is still waiting for the necessary permits as well as a recommendation from the Governor of West Java, there are no crucial matters that disturb the project, says Sahala Lumban Gaol, Chairman of Pilar Sinergi BUMN Indonesia. Pilar Sinergi BUMN Indonesia is a consortium consisting of four Indonesian state-owned companies. Together with China Railway International Co Ltd, this consortium formed a joint venture to develop Indonesia's first high-speed railway project.
The 60th Asian-African Conference in Jakarta and Bandung officially started yesterday (19/04) in the Jakarta Convention Center. On Sunday, Asian-African senior officials gathered for meetings, while today ministerial meetings are on the agenda. The Asian-African Conference aims to enhance economic, political, social, cultural and environmental cooperation among the participating countries. Representatives and business people from 81 countries (Asia, Africa and the Middle East) will visit Indonesia between 19 and 24 April 2015.
According to Bank Indonesia's consumer confidence survey, Indonesian consumers were more optimistic in May 2014 compared to the previous month. Consumer confidence in Southeast Asia's largest economy increased to 116.90 in May 2014 from 113.90 in April. The increase indicates that Indonesian consumers are more optimistic about the current condition of the Indonesian economy as well as conditions in the coming six months. The result in May 2014 was also higher than in the same month in 2013 (112.8).
Seven suspected terrorists have been shot dead and 20 more have been arrested by Densus 88, Indonesia’s anti-terrorism squad, on Wednesday (08/05/13) during raids in Kendal (Central Java), Sumedang (West Java), Bandung and Banten. The suspects are believed to be part of a terrorist network that imported weaponry from the Philippines and engaged in violent robberies on bank branches of Bank Rakyat Indonesia (BRI) to fund various terrorist activities in Poso (Sulawesi).
Indonesia is a country with great tourist potential. It has beautiful and varied landscapes, rich cultures, and vibrant cities. Foreign appreciation for Indonesia's tourism sector can be concluded from the continued rising number of foreign tourists in recent years. Today, Statistics Indonesia published the official figures for 2012. According to the institution, Indonesia was visited by 8.04 million foreign tourists in 2012. Moreover, this result meant that the government target was met.
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On Tuesday (15/08) Indonesian Police arrested five suspected Islamic State (IS) sympathizers. Meanwhile, various bomb making chemicals were seized in the houses of the five suspected Islamic militants. The arrests and confiscation of materials occurred in the city of Bandung (West Java). The five arrests involve one married couple and three men.
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