An industrial park being built in Indonesia on the tropical island of Borneo that has attracted billions of dollars in foreign and domestic investment is damaging the environment in an area where endangered species live and migrate.
The biggest problem here is that officials use their power to enrich themselves.
Another source from SCMP says Garibaldi Thohir is leading the consortium. While His brother is a minister in the government.
PT Kalimantan Industrial Park Indonesia (KIPI), a consortium of companies from Indonesia, China and the United Arab Emirates, is behind the US$132 billion project in North Kalimantan, which Widodo said will initially sit on 16,400 hectares of land on the island of Borneo but could be extended in future to almost twice that size. Leading the consortium is Garibaldi Thohir, CEO of coal mining giant Adaro Energy, owner of much of the land the project will be built on, and one of Indonesia’s richest people.
The biggest problem here is that officials use their power to enrich themselves.
Another source from SCMP says Garibaldi Thohir is leading the consortium. While His brother is a minister in the government.
https://www.scmp.com/week-asia/economics/article/3162586/indonesias-huge-china-backed-green-industrial-estate-raises