Nike
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The loss in Indonesia was minor, as there are various projects in Indonesia that we are gaining as well. Project procurement is not a zero sum aspect for Japanese delegation, my friend. In fact, the recent loss to China was used as a conduit , or catalyst if you may, for revisions in Japanese loan schema , more so in lowering interest rates that in long term will strengthen Japanese choice to foreign partners. As we speak we are also securing a development project with Malaysia.
ha ha ha, totoo ka , pero hindi shya pinoy, peke yan. isang malaking pekeng tangina yan.
LOL
hmmm, Jakarta-Bandung HSR is served as pilot project. Anyone who can secure the contract surely they will have an upperhand to bagged the future projects of HSR in much of Indonesia metropolitan area. Especially in Java island. The one the most anticipated project is actually HSR line to link between Jakarta-Surabaya-Jogjakarta-Solo-Malang. Not to mention Makassar, Medan and Batam metropolitan area (Although i suspect Batam project will be handled by a Singaporean company). It's not the term of loan payment and interest rate which make Japanese proposal quite unattractive, but they lack in term of speed to finished the project as our President want to boost infrastructure development as soon as possible.
Right now Japanese companies are in serious talk to secure deep water port project in which will served as hub port for Japanese industrial complex in Indonesia and the major expansion of their financial and industry investment (mainly electronic, machinery, shipyard, and automotive) in Indonesia.