Unnecessary Electricity – Siemens Deal Causes Political Tensions
06 June 2000
As the No. 1 German news magazine, ‘Der Spiegel’, in its issue of last week reports, the German government is to face trouble over a deal signed in 1995 between Siemens and the Indonesian power supply company PLN, to build the 1200 Megawatt ‘Paiton II’ power plant in East Java.
The $ 1,6 billion deal, which was brokered between the governments of ex-Chancellor Helmut Kohl and ex-President and dictator Suharto of Indonesia, might now prove to ... read more
Posted on 08:25 PM in Economy, Labor & Corruption, Indonesia, Information and Analysis, Publications