Local Investor Ready Business working on Telecommunication Towers

Local investors have been judged ready to work on investments in the sector of telecommunication towers which closed late last week decided to foreign investors. "Investors certainly ready to work on domestic investment in the sector of telecommunication towers because of some aspects, we can see that the local is ready," said Secretary General of the Indonesian Infocom Society (MASTEL) Mas Roes Wigrantoro Setiyadi in Jakarta.

He said that, technically speaking, domestic entrepreneurs have mastered the technology tower in that area. In terms of quantity, there are currently more than 30 local companies engaged in the provision of telecommunication towers. In addition, telecommunications operators in the country is also not doing requests at once, but gradually so that the investment need not require large budget allocations as well.

"In a sense, there are phases in which a telecommunications service requests, such as this month to build, but that does not mean that every moment should be built, which in turn imply the need for large investments that are not at the same time in one time," he said.

He added that investment in the sector of telecommunications towers is also immediately received support from the banking sector. "Banks have started to understand the telecom tower business, this is a great opportunity for our local investors," he said. Memahahi banking business risks have been judged at once an advantage in financing the investment in the sector of telecommunication towers, so no wonder if the bank later today to allocate large budgets to the sector of telecommunications towers.
Previously, had been a long debate whether or not allowed to issue foreign parties involved in the provision of telecommunication towers. However, ultimately the government, through the Coordinating Minister for Economic Hatta Rajasa, submit an official final attitude of the government, the core provision of telecommunication towers were entirely closed to foreigners.

Description was submitted after the coordination meeting at the office of Coordinating Minister for Economic Affairs on March 19, 2010, which specifically include whether or not allowed to finish the problem of foreigners in the provision of telecommunication towers as the only unfinished agenda for the revision of Presidential Decree on Investment Negative List

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