The Division will continue to drive the Group’s activities through cautious selective bidding for new contracts in particular the government and government-link-companies (GLC) funded infrastructure or building projects, to maintain a healthy and well balanced order book for the next three years. Overall, the Construction Division continues to perform commendably after the streamlining of the management structure where each executive director is positioned to take charge of projects that commensurate with his core strength and experience, for optimisation of operating cost and enhancement of profit margins. The Division also streamlined the operations and optimisation of the resources such as plant, labour, materials and stepping up cost control in its projects.
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WATER TREATMENT a potential long term growth engine... many ppl miss this:
While the long-term outlook for Indonesia remains strong, improvements to the business and regulatory environment (such as business licensing, improved investment coordination and land allocation for infrastructure) and a growing middle class should lead to higher levels of domestic and foreign private investment. This is critical for the infrastructure sector as it is one of the fundamental prudent investment criteria. Infrastructure has remained one of the challenges for the Indonesian government in attracting foreign investment. The current waterworks infrastructure still need to be significantly developed to support the expansion network of portable water to a wider population spread. Generally, waterworks had struggled with ageing infrastructure and financial constraints. Indonesians lack piped drinking water and yet, idle capacity is high. This anomaly arises because distribution networks are underdeveloped, new connection rates are low and raw water supplies are constrained. The Indonesian government is actively promoting a Public Private Partnership (PPP) scheme as an instrument to invite investment in the infrastructure sector. The Division is actively exploring the potential infrastructure projects to be developed under cooperation with the local government sector. Perusahaan Daerah Air Minum (PDAM) continues to face challenges in terms of low tariff and competition from the private sector. This has taken its toll on the planned expansion. Despite this, the Division is optimistic that the growth could be sustained based on its established track record and performance in the water sector to further expand and maintain stability in the water business and thus create a sustainable financial margin that enable further investment to meet strategic goals. This is made possible with a stream of improved turnover through the effective enforcement and management of the concessionaire agreements.
Positive Development of operating environment for Hydro power:
Heeding the concerns of the hydro developers that essentially rendered a number of projects uneconomical, the introduction of the recent Regulations of Ministry of Energy and Mineral Resources had amended the tariffs ceiling formulation and this is clearly positive news for hydro developers. The amendment spelt out that where the project is located on a grid where local BPP (average cost of generation) is higher than the average national BPP, 100% of the local BPP applies or where the local BPP is equal to or lower than the national BPP, tariff will be determined through negotiation between Pembangkit Listrik Negara (PLN) and the developers. To keep abreast of the expansio
To keep abreast of the expansion plan, PT Hanarida Tirta Birawa’s uprating works to 600 ltr/s had been successfully commissioned in November 2016, thus fulfilling PDAM’s expectation. Proposals for uprating of PT Dewata Bangun Tirta (300 ltr/s) and PT Bintang Hytien Jaya (350 ltr./s) water treatment plants had been transmitted to respective PDAMs for review and approval.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Patrick13
1,971 posts
Posted by Patrick13 > 2017-10-26 15:20 | Report Abuse
aiyo... with such QR i expect it will drop.
This Gadang so naughty. Expect it will up then drop, expect it drop then it's up.