According to him, the Japanese government-backed private companies interested to inalum located in Coal County, North Sumatra, was not returned to Indonesia after his contract expired in 2013. "If inalum project was further extended, the officials who make decisions that you really do not have confidence," she said.
Currently, the government is negotiating the fate of these inalum project with the Japanese side.
Ichsan asked President Susilo Bambang Yudhoyono intervened directly with inalum decided not to renew the contract and said it would manage itself pascahabis contract in 2013.
He also said the plan to form a joint venture of Indonesia and Japan as the next manager, also remain to be harmful. "It's useless. The key, broken relationships and our own governance," he said.
Inalum established in Jakarta on January 6, 1976 Master Agreement (Master of Agreement) was signed July 7, 1975 in Tokyo. RI Government when it signed agreements with 12 Japanese private companies.
They are Sumitomo Chemical Company Ltd., Sumitomo Shoji Kaisha Ltd., Nippon Light Metal Company Ltd., C. Itoh & Co. Ltd., and Nissho Iwai Co., Ltd.. In addition, Nichimen Co. Ltd., Showa Denko KK, Marubeni Corp., Mitsubishi Corp. and Mitsui Aluminium Co. Ltd..
As many as 41 percent of shares owned inalum Indonesia, the remaining 59 percent owned by Japan through the Japan Bank for International Cooperation (JBIC) and the 12 companies that signed the agreement.
Inalum contracts will expire in 2013. Appropriate provisions in the agreements signed, three years before the contract is a "build, operate and transfer" (BOT) had ended, all payments of debt must be repaid.
Giant project investment cost shavings since 1976 around 400 billion yen, equivalent to Rp50 trillion with a capital loan from Japan.
Ichsan assess, since inalum standing, Indonesia has a good Japanese subsidize natural resources, namely the cost of electricity supply, as well as high-quality aluminum processed goods which are exported to Japan. "The Japanese are lucky, we lose," he said.
He also said that Japan's interest loans for projects inalum not cheap. "Flowers in their place (Japan) was only 0.1 percent, but sold to Indonesia one percent or an increase of 10 times," said Ichsan. "We are able to manage human resources inalum. Do not ever give up even one per cent aluminum into Japan. Aluminum is needed in Indonesia," he said.
Currently, the production of aluminum bar (ingot) inalum which reached 250 thousand tons, as much as 60 percent is exported to Japan and the rest, 40 percent, in addition to domestic as well export to countries outside of Japan. In domestic markets, in 2007, carrying supplies inalum become a source of aluminum for least 65 companies.
In 2008, inalum booked a net profit of 85 million dollars from total sales of 548 million dollars and last year, net income inalum projected 120 million U.S. dollars.
No comments:
Post a Comment