Russian Investor Prepares Global Hub in North Lombok

Translator

Editor

Kamis, 1 Januari 1970 07:00 WIB

Gili Indah, North Lombok, West Nusa Tenggara. ANTARA/Budi Afandi

TEMPO.CO, Mataram - Russian investor Inter Rao is offering three business programs for the development of the Bandar Kayangan Global Hub in North Lombok. Another Russian investor, Svetlana, is eyeing to invest in a refinery project, in collaboration with Chinese investors.


Inter Rao’s first offer is to build an oil refinery with 50,000 bpd capacity. The second option is to build an international port for the extra large Panamax-size ships, and the third is to develop power plants with 2×50 MW capacities at the initial stage before further enhancing them to 900 MW.


Meanwhile, Svetlana plans to build a refinery with crude resources coming from Iran, Iraq and Russia--which the company has business agreements with.


“All plans have been discussed in Jakarta and North Lombok on Tuesday, February 20,” says Gita Ariyadi, head of the Investment Office and One-Stop Service Office of West Nusa Tenggara, Thursday.


The provincial government of West Nusa Tenggara and the regency office of North Lombok are seriously planning to fast-track the Bandar Kayangan Global Hub project.


The global hub, once it operates, will serve as the core business of international ports, oil refineries, and independent cities.


Supriyantho Khafid

Related News

Microsoft's Promises Behind Jumbo Investments for Indonesia

4 jam lalu

Microsoft's Promises Behind Jumbo Investments for Indonesia

Microsoft is confirmed to invest in Indonesia over the next 4 years, with a focus on developing artificial intelligence (AI) and cloud computing.

Read More

Jokowi Discusses Huge Investments in AI with Microsoft CEO

1 hari lalu

Jokowi Discusses Huge Investments in AI with Microsoft CEO

President Jokowi received a working visit from Microsoft CEO Satya Nadella at the Presidential Palace in Jakarta on Tuesday, April 30.

Read More

Jokowi to Meet Microsoft Boss, Discusses Investment Plan

1 hari lalu

Jokowi to Meet Microsoft Boss, Discusses Investment Plan

Jokowi received a working visit from Microsoft Chief Executive Officer Satya Nadella at the Presidential Palace in Jakarta on Tuesday, April 30, 2024.

Read More

Indonesia Prioritizes Local Investors in IKN, Says Minister Bahlil

1 hari lalu

Indonesia Prioritizes Local Investors in IKN, Says Minister Bahlil

Indonesian Investment Minister Bahlil Lahadalia said the government would prioritize domestic investors in the IKN project.

Read More

Jokowi, Lee Hsien Loong Discuss Defense, Investment, and ASEAN Issues

2 hari lalu

Jokowi, Lee Hsien Loong Discuss Defense, Investment, and ASEAN Issues

Indonesian President Jokowi and Singapore PM Lee Hsien Loong emphasized the importance of continued cooperation between the two countries.

Read More

Indonesia Discusses Sport Infrastructure Investment with UAE

2 hari lalu

Indonesia Discusses Sport Infrastructure Investment with UAE

Indonesia's Youth and Sports Minister discussed opportunities for investment in the development of sports infrastructures with the UAE.

Read More

Transportation Minister Offers MRT Jakarta's TOD Project Investment to Japanese Stakeholders

5 hari lalu

Transportation Minister Offers MRT Jakarta's TOD Project Investment to Japanese Stakeholders

Indonesian government is ready upon request to facilitate investment in the construction of TOD along the MRT Jakarta route.

Read More

Indonesia, Vietnam Target Bilateral Trade of US$18 billion by 2028

5 hari lalu

Indonesia, Vietnam Target Bilateral Trade of US$18 billion by 2028

Indonesia, and Vietnam have agreed to target bilateral trade worth US$18 billion or more by 2028.

Read More

Indonesia Highlights Carbon Emission Reduction at Hannover Messe 2024

6 hari lalu

Indonesia Highlights Carbon Emission Reduction at Hannover Messe 2024

The Industry Ministry discussed strategic measures to curtail carbon emissions in the industrial sector at Hannover Messe 2024 in Germany.

Read More

Indonesia Urges European Union to Enhance Fair, Equal, and Mutually Beneficial Partnerships

7 hari lalu

Indonesia Urges European Union to Enhance Fair, Equal, and Mutually Beneficial Partnerships

European Union has become Indonesia's 5th largest trading partner.

Read More