I just came across this website which outlines a plan to have a conference in Jakarta for the proposed : north Bali airport -
https://nuasen-nbia.com/#schedule
It all sounds so transparent:
This conference and the pre-tender process for this project is managed by BIBU, North Bali Airport is a private project and the tenders will not be public and only the registered companies within BIBU will have access to the coded tenders, so no other company is capable to answer for this project before the registered companies,
It links to another website which outlines the proposed funding -
http://www.bibu-indonesia.com/
I am sure everything is above board but having just read this book about
corruption in Malaysia you could at least have some concerns how this works, the impact this will have on the island particularly the people who are going to be directly affected.
The investment for this project is already secured through a pool (dark pool) which integrate :
A-Private Equities (for 19% from Abu Dhabi)
B-Alternative Investment – Private Equities (for 31% from Canada)
C-Venture Capital (for 43% from Middle East) Asset Backed from Airports Kinesis Canada (portfolio)
D-Debts Mechanism (3% Tenor 20 years) from Australia
E-Mezzanine (4% Full with 2% interest and 2 years grace period)
F-Operation and Management by PT BIBU (In charge of the management even of the event and the tenders)
The proof of funds is validated through Euroclear and the ISIN Number and CUPSIT are validated and verified by the Ministry of Finance of Indonesia. These information are all available through the press and the records at the ministry of transportation of Indonesia.
With an hybrid reinforced platform of 1060 Hectares fully located on the sea and a budget of 2.7 Bn $, the North Bali Airport project is one of the most biggest and expensive project in Indonesia and South East Asia, this airport will be the second gateway to the world and will be the second most busiest airport in Indonesia allowing more than 45% of the ASEAN & SEA population to travel from this gateway to the entire world.
For this major project, BIBU is managing the development and tendering of Contracting companies, Terminal Services, Ramp Services, Airside Services, Operation companies, IT and Data Companies, Security Systems, Landside services & Project Management to pre-select in a premium mode. All the companies are invited to be pre-selected before the official tender starting in September 2018, this is a unique opportunity and chance for the airport companies and suppliers to see their technology or systems implemented in this major-hub project located in South East Asia.
