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COPYRIGHT 2005 Asia Pulse Pty Ltd
An executive briefing on infrastructure for Feb 28, 2005, prepared by Asia Pulse (http://www.asiapulse.com), the real-time, Asia-based wire with exclusive news, commercial intelligence and business opportunities.
WINNER OF TELECOMMUNICATION TENDER TO BE KNOWN IN APR: PT TELKOM
JAKARTA - The winner of a tender to build a telecommunications cable project valued at Rp500 billion (US$55.5 million) will be announced in April, the state-owned telecommunications company PT Telkom said.
Six multinational companies took part in the tender for the optic fiber cable project, which will link Java with Sumatra and Kalimantan totaling 2,000 kilometers in length , PT Telkom secretary Adek Julianwar said.
INDONESIA NEEDS THREE MORE OIL REFINERIES SAYS MINISTER
JAKARTA - Indonesia will need three more oil refineries with a processing capacity of 125,000 barrels of crude oil a day until 2008.
Energy and Mineral Resources Minister Purnomo Yusgiantoro said the government has no money to build new refineries, therefore, it relies on the private sector.
CHINA'S PETROCHEMICAL EQUIPMENT MAKERS RUSH TO MEET DEMAND
BEJING - China's petrochemical equipment manufacturers are rushing to beat orders for giant equipment as the fast-growing petrochemical industry has entered the peak period in the demand for giant equipment.
Acording to conservative estimates, the fixed asset investment in the petrochemical industry will be kept at an annual clip of 100 billion yuan (US$12.1 billion) in the future, with about...
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