By NNN-ANTARA News
Kyoto : China has expressed support for the realization of a 10,000 megawatt power project in Indonesia the tender on which was won by Chinese contractors, Finance Minister Sri Mulyani said here on Saturday.
“Yesterday we held a discussion with the Chinese finance minister regarding China`s support for the implementation of infrastructure projects in Indonesia, especially the electricity project,” she said before attending a seminar held in conjunction wiwth the annual Asian Development Bank (ADB) in Kyoto.
She said the Chinese response was positive, adding China would soon take steps to realize the funding for the project already won by Chinese contractors.
She said the Indonesian government meanwhile still had yet to make its state-owned electricity company PLN`s financial position and management solid before the realization of the Chinese funding.
“It is important for PLN to be in a sound financial condition, to have a solid financial management and capability with regard to determining a tariff commesurate with the cost,” she said.
Preparations for implementation of the power project had slackened over uncertainty about China`s commitment to funding it.