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2006-12-17T00:00:00.000Z

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Wrong Sukmawati Syukur?

Ms. Sukmawati Syukur

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Background Information

Employment History

Director

PT Jakarta Monorail

Affiliations

Director
Jakarta Monorail

Web References (5 Total References)


Monorail News Briefs

www.monorails.org [cached]

Sukmawati Syukur, the director of PT Jakarta Monorail, said, :"I believe the ministry took its time in issuing the letter to ensure it complied with a new regulation on railways, which requires any investor to work together with state railway company PT KA, as the sole train operator in the country.


Gulfnews: Dubai Islamic Bank denies Jakarta monorail funding deal

www.gulf-news.com [cached]

Sukmawati Syukur, a director for Jakarta Monorail, confirmed the agreement, the newspaper said.


www.indobiz.com

www.indobiz.com [cached]

Sukmawati Syukur, a director for Jakarta Monorail, confirmed the agreement, Kompas daily said.


www.smh.com.au - Jakarta's monorail is left up in the air

www.smh.com.au [cached]

What a director of Jakarta Monorail, Sukmawati Syukur, does admit is that the project is in financial trouble and that the completion date is now in doubt.

The original plan was for the private investors to raise $US650 million ($825 million) to build the project, which they would own and operate for 30 years before handing it over to the Jakarta Government.
Now Ms Syukur says her company needs the government to buy 30 per cent of the project to make it financially sustainable.She is unsure what will happen if it refuses.
"For instance, we can delay the time frame until after 2007," she said, although she declined to say how long that might be.However, she insisted she expected the difficulties would be sorted out.
...
Ms Syukur said corruption had not been a problem and that British auditors had been through the accounts.


INDOLEFT News Service

www.asia-pacific-action.org [cached]

What a director of Jakarta Monorail, Sukmawati Syukur, does admit is that the project is in financial trouble and that the completion date is now in doubt.

The original plan was for the private investors to raise $US650 million to build the project, which they would own and operate for 30 years before handing it over to the Jakarta Government.
Now Ms Syukur says her company needs the government to buy 30 per cent of the project to make it financially sustainable.She is unsure what will happen if it refuses.
"For instance, we can delay the time frame until after 2007," she said, although she declined to say how long that might be.However, she insisted she expected the difficulties would be sorted out.
...
Ms Syukur said corruption had not been a problem and that British auditors had been through the accounts.

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