We need only follow-up with talks with prospective investors."Palembang (ANTARA News) - South Sumatra is offering a project to build railway double track from Muara Enim to special economic zone of Tanjung Api-Api and its seaport.
A senior official of the provincial administration Ruslan Bahri said so far seven countries have indicated interest in the project including China, Russia, Japan, South Korea, Malaysia, Singapore and France.
"We need only follow-up with talks with prospective investors," Ruslan said here on Thursday.
He said the track would be use mainly for coal train and the transport of other commodities like palm oil and rubber.
Based on data from the Capital Investment Coordinating Board, the double railway track project will cost around US$2.97 billion and the monorail project at special economic zone at Tanjung Api Api will cost around US$550 million.
South Sumatras deputy governor Ishak Mekki said construction of infrastructure would be brisk in South Sumatra , adding from 2015 to 2018 there would be many infrastructure project ahead of Asian Games the 18th to be hosted by Indonesia.
A number of big infrastructure projects to be built in 2016 include railway double track between Lubuk Linggau and Api-Api port to cost Rp11.1 trillion and special economic zone of over a 12,000 hectare to cost Rp54.2 trillion, Musi bridge IV and Musi Bridge VI, toll road, etc.
Construction of most of the projects would start in 2016, Ishak said.
Secretary of the capital and investment service of South Sumatra Sofyan Alipanca said foreign capital investment in the province grew fast reaching Rp10.24 trillion in the third quarter of 2015 or an increase of 118.43 percent on-year.
The high increase was attributable to development of the largest pulp and paper factory in Southeast Asia, APP OKI Pulp & Paper di Kabupaten Ogan Komering Ilir to cost Rp32 trillion to be operational in 2016.
(Uu.H-ASG/H-YH)
Editor: Priyambodo RH
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