Foreign investment

Down to Earth No. 46, August 2000

Another major obstacle to the sustainable management of natural resources is the continuing prominence of the military in many regions. Its continued high profile role from province to village level means that it is a potent threat to the success of regional autonomy, where 'success' means managing local resources sustainably, sharing benefits equitably and respecting human rights.

Down to Earth No. 46, August 2000

The Wahid government's emphasis on foreign investment prioritises the needs of multinational companies over sustainable, community based natural resource management

Soon after taking office, President Wahid pledged his commitment to foreign companies and declared his new government investor-friendly.

Down to Earth No. 45, May 2000

PT Inco Indonesia, subsidiary of Canada-based Inco Ltd, has come under fire from indigenous communities and the local government over the company's nickel mining operations in Sulawesi.

Down to Earth No. 45, May 2000

The fate of Newmont's Sulawesi gold mine has drawn attention to contracts in the context of moves towards regional autonomy.

PT Newmont Minahasa Raya, 80% owned by Newmont Mining Corp. of the US, operates the mine at Ratatotok, which produces 340 kg of gold a year.

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

Environment minister Sonny Keraf says the fate of PT Indorayon's North Sumatra pulp mill will be decided by June at the latest. The long dispute has become another test case. How far is the Indonesian government willing to ignore community opposition to damaging projects in order to reassure foreign investors?