People's Deputy Appreciation of Papua Owns PT Freeport Share

By : Herry Barus And Aldo Bella Putra | Saturday, January 13 2018 - 21:30 IWST

Karyawan PT Freeport Indonesia. (Foto: Freeport Indonesia)
Karyawan PT Freeport Indonesia. (Foto: Freeport Indonesia)

INDUSTRY.co.id - Jayapura - The Papua People's Legislative Assembly (DPRP) appreciates Freeport's 10 percent stake in Bumi Cenderawasih after 54 years of existence of the US-based company in the local area.

Chairman of DPRP Yunus Wonda in his press release, in Jayapura SaJumat night (12/1/2018) said that his party expressed his gratitude to President Joko Widodo, the article for 54 years PT Freeport operates in Papua; the local provincial government finally has a share.

"This is a long struggle and great attention from President Jokowi to pay attention to the welfare of the people of Papua, one of them by giving 10 percent of the 51 percent stake in PT Freeport divestment," he said.

According to Yunus, since Lukas Enembe-Klemen Tinal was inaugurated as Governor and Vice Governor, the Papuan House of Representatives gave full support to fight for ownership of shares in the mining company.

"Therefore, the Papua parliament together with the governor committed and made the regulations, with 17 items submitted to PT Freeport Indonesia," he said.

He explained the long struggle and at the end of the leadership of the Governor of Papua, PT Freeport divestment share agreement has been signed, of course for the welfare of the people of Papua.

"Papua gets 10 percent of Freeport shares cannot be separated from the commitment of President Jokowi, to build Bumi Cenderawasih," he said again.

He added that the provincial government of Papua and the regency of Mimika officially owns a 10 percent stake in PT Freeport, marked by the signing of an agreement by Finance Minister Sri Mulyani, Energy and Mineral Resources Minister Ignasius Jonan, Papuan Governor Lukas Enembe, Mimika Regent Eltinus Omaleng, and President Director of PT Inalum Budi Gunadi Sadikin at the Ministry of Finance office on Friday (12/1/2018).

News Comment

Today's Industry

Sergey Sedov, Founder and CEO of Robocash Group

Jumat, 13 Mei 2022 - 16:15 WIB

Robocash Group reached 2 BN USD of disbursement and issued audited financial report of 2021

Robocash Group publishes the audited combined financial statements for the year ended 31 December 2021. The Group reached an all-time high 2 BN USD of issued financing and is expected to increase…

PT Sariguna Primatirta Tbk (Tanobel Group)

Jumat, 13 Mei 2022 - 15:45 WIB

Demand Increases, CLEO Recorded IDR307.7 Billion Sales in Q1-2022

PT Sariguna Primatirta Tbk (Tanobel Group), a public company and manufacturer of Bottled Drinking Water (AMDK) with the IDX ticker code: CLEO: IJ, recorded a 30% increase in sales reaching IDR307.7…

TopWorx DX PST with HART 7 monitors and tests valve assemblies, providing detailed data and diagnostics and enabling the digital transformation of process applications.

Jumat, 13 Mei 2022 - 15:15 WIB

Emerson’s New Emergency Shutdown Discrete Valve Controller Improves Safety, Uptime in Hazardous Applications

Emerson introduced the TopWorxTM DX PST with HART® 7. Units provide valuable valve data and diagnostic information, enabling the digital transformation of process applications.

PT Buyung Poetra Sembada Tbk (“HOKI”)

Kamis, 12 Mei 2022 - 15:26 WIB

HOKI Launches Another New Product

PT Buyung Poetra Sembada Tbk (“HOKI”), a Public Company which produces quality rice under the “Topi Koki” and “HOKI” brands, continues to innovate by re- launching new products.…

Rockwell Automation Inc. /obe.wisc.edu

Kamis, 12 Mei 2022 - 14:19 WIB

Rockwell Automation Releases New, Highly Customizable Industrial Monitors

Rockwell Automation, Inc. (NYSE: ROK), the world’s largest company dedicated to industrial automation and digital transformation, today announced the release of a new line of industrial monitors…