January 11, 2019

Inalum: Freeport Revenues Will Be Stable Again in 2023

President Director of PT Indonesia Asahan Alumunium (Inalum), Budi Gunadi Sadikin said Freeport Indonesia’s production was stable again in 2023. The gold mining company is expected to print a net profit of US $ 2 billion per year after 2023. According to Budi, Inalum will get US $ 1 billion per year after the Freeport underground mine operates. Budi is also optimistic that Inalum will still be able to pay

Local Revenue Realization of West Papua in 2018 Reaches 110 percent

The realization of local revenue (PAD) of West Papua Province in 2018 exceeded the target of up to 110 percent. “In the RPJMD (Regional Medium Term Development Plan) our revenue is targeted to increase by 10 percent. In 2018 we have managed to fulfill that, hopefully this year too, “said Head of the West Papua Provincial Revenue Agency, Charles Hutauruk in Manokwari, Thursday (01/10/2019). Of the various taxes and levies

Additional Infrastructure Funds Will also be Used for Non-transportation

  The Papua Provincial Government will use additional infrastructure funds for non-transportation. This year Papua gets the funds. The amount is Rp. 2.8 Trillion more. The Head of the Papua Regional Development Planning Agency, Muhammad Musa’ad, said that the plan to use the funds had already been discussed earlier at the echelon I level of the Coordinating Minister for PMK, and had been agreed to be used for non-transportation. “Papua