Foreign investment

Down to Earth No. 49, May 2001

Special autonomy delayed...

The May 1st deadline for passing laws on ‘special autonomy’ for Aceh and West Papua is being postponed. Home affairs minister Surjadi Sudirdja, who announced the decision in late April, did not set a new deadline for passing the laws. According to the Indonesian Observer, the two separate bills propose that Aceh and West Papua be given 80% of revenues from natural resources.

Down to Earth No. 48 February 2001


PT Aneka Tambang, part-owned by the Indonesian state, has appointed Tessag Ina GmbH as its contractor to build and finance its planned new ferro-nickel plant in Pomalaa, Southeast Sulawesi. Two other ferro-nickel smelters are already in operation there. Construction of the 13,000 tonnes per year facility is expected to start in the first half of 2001 and it is scheduled to start production just over two years later. Financing is expected to come partially from Germany's IKB Deutsche Industriebank AG.

Down to Earth No. 47, November 2000


Newmont, the US-based mining company, has again come under fire at both its operations in Indonesia.

In North Sulawesi PT Newmont Minahasa Raya (80% owned by US mining giant Newmont) was forced to shut down operations at its Ratatotok gold mine three times in as many months. Former land-owners mounted a series of blockades an demanded compensation for land taken over by the company.

July / November 2000

This is the short version of a paper prepared by Nostromo Research for Down to Earth and Minewatch Asia-Pacific, July 2000, revised November 2000.

Down to Earth No. 45, May 2000

Opposition is mounting to large-scale mining in Indonesia as communities speak out about its effects on their lives and the environment, but foreign companies are warning the Wahid government not to change the contracts they signed during the Suharto regime.

Indonesia's foreign-dominated mining industry is on the defensive.

Down to Earth No. 45, May 2000

The environmental NGO, WALHI Central Sulawesi, has launched a campaign to try to stop injury and death among divers who work for pearl and speciality fish exporters. Local people are supplied with compressors and explosives or poisons (Potassium cyanide) by companies who then buy the pearls and fish - including the endangered Napolean Wrasse - for low prices.

Down to Earth No. 45, May 2000

Indigenous communities whose forests have been plundered by logging companies are demanding compensation for the damage. Deprived of the protection they enjoyed under former President Suharto, the companies are having to take them seriously.