A number of obstacles faced by Chinese investors Investing in Indonesia

INDUSTRY.co.id - Jakarta- The main obstacle faced by Chinese investors when investing in infrastructure sector in Indonesia are land acquisition problems and frequent replacement of project management officials.

"The main challenge is land acquisition, for example the Kualanamu-Binjai toll road, which is only 19 kilometers away but seven years' working time, normally we can work in two years if there are no land acquisition constraints," said Pen Dapeng Vice President CCCC International Pen Dapeng

The second constraint is the frequent replacement of heads or state-owned officials who lead the project, thus making the time of discussion and contract negotiations to be delayed.

China Communications Construction Company Ltd. Company (CCCC) is targeting a number of infrastructure projects in Indonesia as a place to invest.

For example, the CCCC has completed 28 master plans for port development but to date none have been accepted by the government because the leaders of PT Pelabuhan Indonesia (Pelindo) have frequently changed in the past two years.

"It would be very easy for investors to change their minds if their officials change frequently, especially since we have spent more than $ 5 million on feasibility studies of these projects," Dapeng told media audiences on Friday (9/22/2017)

Recorded as the 3rd best contractor company of Engineering News-Record (ENR) version 2016, CCCC has more than 200 projects in 58 countries with contract value reaching 37 billion US dollars.

The company, which began expanding in Indonesia in 1996, has undertaken several important projects such as the Hong Kong-Zhuhai-Macau bridge, the Mombasa-Nairobi railway line, the Macau international airport, the "The Grand" apartment and condominium in Los Angeles, as well as the container crane at the Port Hamburg.