Turkey eyes Indonesian infrastructure projects, new capital development

first_imgTopics : The Turkish government and businesspeople have expressed their interest in building infrastructure in Indonesia, including for the new capital city to be developed in East Kalimantan.Turkish Ambassador to Indonesia Mahmut Erol Kilic said only a few dozen Turkish companies were operating in Indonesia despite the latter being the world’s 16th biggest economy and the largest in Southeast Asia.“Of course, we have more capacity than this, especially in the field of constructon, as Turkey had really successful projects in Astana, in Doha and in many other [places],” he said during the Turkey-Indonesia contracting sector business forum, which was held online on Tuesday. “We are eager to enter the Indonesian market.” Indonesia’s infrastructure development has captivated Turkish contractors as they are eager to expand their market in Asia after being involved in many projects in Eurasia and the Middle East.“We would like to diversify our market; we would like to find new markets, and we are more focused on Indonesia and the Phillipines,” Turkish Trade Minister Ruhsar Pekcan said in the same event.Turkish Contractor Association (TCA) data show that South Asia and Far East countries contributed only 3 percent to the more than 10,000 projects worth $403 billion in 127 countries that the association’s members have had from 1972 up until May.“We hope our contractors can take part in [more Indonesian projects], especially with regard to moving the capital city. Our engineers and constructing companies are very much willing to take part in such projects,” said Pekcan.  In addition, Turkish companies were interested in toll roads, energy facilities, waterworks and transportation-related infrastructure, he added.Public Works and Housing Minister Basuki Hadimuldjono encouraged both countries to have follow-up working groups to talk further about possible cooperation, such as on the trans-Sumatra toll road and water dam projects.  “This is the opportunity for Turkish contractors to come and participate in constructing the toll road, either as contractors or as investors through public-private partnerships,” said Basuki.He also invited Turkish architects to see the new capital’s urban planning design and welcomed future discussions.Indonesian Ambassador to Turkey Lalu Muhammad Iqbal said it was the right moment to tighten bilateral ties as the Indonesia-Turkey trade volume was quite small at only $1.6 billion in 2019.Meanwhile, Investment Coordinating Board (BPKM) data show that Turkey’s total direct investment to Indonesia amounted to $24.8 million last year, placing Turkey 29th on the list of foreign direct investors. center_img Indonesia has been extensively developing infrastructure in the last five years to help support its economic growth. Public Works and Housing Ministry data show that the government has built 1,500 kilometers of new toll roads, 3,867 km of other roads, 58,346 meters of new bridges and 61 water reservoirs during the period of 2015 to 2019.According to the ministry, Indonesia plans to add 2,500 km of toll roads, 3,000 km of other roads, 60,000 m of bridges and 35,000 m of overpasses and underpasses from 2020 to 2024.Indonesia currently has 223 key national projects worth around Rp 4.2 quadrillion (US$295.25 billion) on its priority list, ranging from seaports and airports to special economic zones and priority tourist destinations. Recently, the government announced a plan to add another 89 projects to the list for the next five years. It also plans to move its capital city from Jakarta to North Penajam Paser in East Kalimantan, with construction to begin in 2021 and estimated to cost Rp 466 trillion.last_img read more

Low-maintenance renovated beauty at Mount Gravatt East hits the market

first_imgThe facade of 40 Oakfield St, Mount Gravatt East, is picturesque.A WEATHERBOARD house lies behind a white fence in a picture perfect scene at Mount Gravatt East.The 40 Oakfield St residence has been home to Rachelle Donaldson and her two daughters for the past five years. The kitchen is modern and tidy.Ms Donaldson was drawn to the low maintenance lifestyle the property offered, as well as the potential for some additions.“There was potential for me to do a few things to make it more suitable for me,” Ms Donaldson said.“I added a carport on the front and added the ensuite … as well as a bit of landscaping.“The house has been fully painted and in one of the girls’ rooms I’ve added a study nook and a robe.” The backyard is low-maintenance and the shed on the left has been converted into living spaces.“Every weekend we walk up to a little coffee shop, Badminton Brew, which is about 500m away in the backstreets,” she said.“One of the girls’ requirements was that we were still near the coffee shop.“One of them always gets a raspberry and white chocolate muffin, while the other gets a bacon and egg muffin.“The community is also amazing, everyone knows everybody.”Video Player is loading.Play VideoPlayNext playlist itemMuteCurrent Time 0:00/Duration 0:51Loaded: 0%Stream Type LIVESeek to live, currently playing liveLIVERemaining Time -0:51 Playback Rate1xChaptersChaptersDescriptionsdescriptions off, selectedCaptionscaptions settings, opens captions settings dialogcaptions off, selectedQuality Levels720p720pHD576p576p432p432p270p270pAutoA, selectedAudio Tracken (Main), selectedFullscreenThis is a modal window.Beginning of dialog window. Escape will cancel and close the window.TextColorWhiteBlackRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentBackgroundColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentTransparentWindowColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyTransparentSemi-TransparentOpaqueFont Size50%75%100%125%150%175%200%300%400%Text Edge StyleNoneRaisedDepressedUniformDropshadowFont FamilyProportional Sans-SerifMonospace Sans-SerifProportional SerifMonospace SerifCasualScriptSmall CapsReset restore all settings to the default valuesDoneClose Modal DialogEnd of dialog window.This is a modal window. This modal can be closed by pressing the Escape key or activating the close button.Close Modal DialogThis is a modal window. This modal can be closed by pressing the Escape key or activating the close button.PlayMuteCurrent Time 0:00/Duration 0:00Loaded: 0%Stream Type LIVESeek to live, currently playing liveLIVERemaining Time -0:00 Playback Rate1xFullscreenStarting your hunt for a dream home00:51 One of the bedrooms in the house.In the back yard is a shed which had been converted into three multipurpose living spaces, and there is another powder room.Ms Donaldson said the area provided a number of great schooling options, and she would not be moving far as she had fallen in love with the location. More from newsDigital inspection tool proves a property boon for REA website3 Apr 2020The Camira homestead where kids roamed free28 May 2019There are polished timber floorboards and a fireplace.The entry to the home is off a small front deck and into an open-plan kitchen, living and dining room.All three bedrooms run down the left side of the house, along with the bathrooms and walk-in wardrobe.Behind the kitchen is a separate toilet, and laundry.last_img read more