Indonesia News EMBASSY OF THE REPUBLIC OF INDONESIA IN ANKARA, TURKEY

Volume XVIII – December 2008

EXPLORE THE HIDDEN BEAUTY OF INDONESIA

Discover the hidden beauty & top quality of Indonesian product that comes from a huge number of craftsmen from all over Indonesia

WIDE RANGE OF WORLD CLASS FURNITURE A golden opportunity to observe a wide range of products and, at the same time, to meet with Indonesia's producers and exporters

EXCELLENT PRODUCT MIX IFFINA 2008 showcases an excellent product mix between furniture and handicraft from all regions in Indonesia

WORLDWIDE BUYERS PARTICIPATION This is a 'must visit' event for domestic and international buyers, last year attract international buyers from more than 87 countries

STRATEGICALLY LOCATED AND CONNECTED TO WORLD MARKET strategically located and connected to world markets by an excellent communication and transportation network and often regarded as a "bridge" between Asia and Australia and as a "gate" from the Indian Ocean to the Pacific Ocean

MEET THE CHARM HOSPITALITY OF INDONESIA Indonesian people is well known throughout the world as the most charm and friendly people that will provides you with countless destinations to cater around

Living Room Furniture

Dinning Room Furniture

Bedroom Furniture

Family Room Furniture

Kitchen Furniture

Office Furniture

Upholstered Furniture

Contemporary Furniture

Children Furniture

Garden / Casual Furniture

Reproduction Antique Furniture

Bathroom Accessories

Furnishings

Home Accessories

Home Decorations

Hard Wood Accessories

Lighting

Handicrafts

STRONG SUPPORT FROM ASSOCIATION AND GOVERNMENT AGENCIES IFFINA 2008 is organized by the ASSOCIATION and in close cooperation and fully supported by the Government and Government Agencies of Republic of Indonesia

Buyer’s / Visitor’s Pre-registration Form You can receive your admission badge to the fair by completing the form and in BLOCK LETTERS or attach BUSINESS CARD Name : Mr./Mrs./Miss/ ……………………………………………………………………………………………………. Job Title : ……………………………………………….. Company : ……………………………………………… Address : ……………………………………………………………………………………………………………………….. ……………………………………………….. City : ……………………………………………… Country : ……………………………………………….. Postal Code : ……………………………………………… Telephone : ……./………../………………………………. Facsimile : ……../….……./……………………………. Mobile : ……………………………………………….. Email : ………………………………………………

A. Please indicate the nature of business :

1. Importer

2. Agent

3. Wholesaler

4. Chain Store

5. Department Store

6. Retailer

7. Distributor

8. Exporter

9. Association

10. Manufacturer

11. Designer/Interior designer

12. Mail Order Company

13. Hospitality

14. Others (please specify)

………………………….

B. Please indicate your main product interest :

1. Living Room Furniture

2. Dining Room Furniture

3. Bedroom Furniture

4. Family Room Furniture

5. Kitchen Furniture

6. Office Furniture

7. Upholstered Furniture

8. Contemporary

9. Children Furniture

10. Rattan Furniture

11. Garden/Outdoor Furniture

12. Reproduction Antique Furniture

13. Bathroom Furniture

14. Furnishing

15. Home Accessories

16. Home Decoration

17. Hard Wood Flooring

18. Lighting

19. Handicrafts

20. Others (please specify

…………………………………….

C. Please indicate purpose of visit :

1. Evaluate participation for next fair

2. Gather Information

3. Look for new suppliers

4. Make Contacts

5. Place Orders

6. Seek Representative / Joint Venture

7. Source for new products

8. Associations / Agencies

9. Others (please specify)

D. How did you find out about this fair :

1. Direct Mail Invitation

2. Association / Institution

3. Business Associate/Supplier

4. Website

5. Newspaper / Magazine / Advertisement

6. Overseas Fairs

7. E-mail Broadcast

8. Others (please specify)

…………………………….

E. Please indice your organization’s annual purchasing budget :

1. US$ 1,000,000 & below

2. US$ 1,000,001 – US$ 5,000,000

1. US$ 5,000,001 – US$ 10,000,000

2. Above US$ 10,000,000

F. How many day(s) you stay in JAKARTA INDONESIA :

Day(s) ………………………………………….

G. How do you wish to receive future information on IFFINA ?

Mail / Post Email

Thank you for taking time to complete the form. Date : ……………/……………./…………………… Signature : ______________________________

Please fax this registration form to DYANDRA PROMOSINDO FAX: +62 – 021 – 392 6092

EMAIL: agam@dyandra.com etty@dyandra.com ipank@dyandra.com

tini@dyandra.com

Now the right time to invest in Indonesia: VP Jakarta, December 15, 2008 – Vice President Jusuf Kalla says now is the right time to invest in Indonesia as prices are low following declines in the prices of various products such as steel, Antara News Agency reported. Kalla said if businessmen invested now they would bear lower costs of development. "Now is the best time to invest. Two or three years from now, the economy will boom again," he said at an Investment Award presentation Wednesday. Recalling the 1998 crisis the vice president said that at the time many businessmen also declined to invest and as a result they lagged behind in meeting consumer demand when the economy was recovering. The vice president said he believed that in two or three years` time the world’s economy would be normal again. From the cost side making an investment now would be cheaper around 60% to 70%, he said, referring to the price of raw materials which have dropped 50% in addition to an abundant workforce with competitive wage levels.

Businessmen would no longer need to worry about power shortages because the 10,000 MW power development projects now underway would be ready in 2011 and 2012. “The world will not be in crisis forever. It will certainly revive again," he said. The vice president also believed the country’s exports would not be affected much by the current condition because most exports were primary materials which would always be needed. He admitted that in terms of value they would drop in line with the decline in the price of commodities but in terms of volume they would not drop much.

Pertamina unit needs $1B for geothermal investment

Jakarta, December 15, 2008 – PT Pertamina Geothermal Energy (PGE) needs around $1 billion to develop several geothermal projects in Indonesia until 2012, Dow Jones reported on Friday. PGE president director Abadi Poernomo told reporters that several institutions such as the Japan International Cooperation Agency and the World Bank have expressed their interests to help finance the projects. The projects include exploration in Ulu Belu in southern Sumatra which could produce 110 MW of electricity, said Poernomo. PGE currently has 15 geothermal concession areas across Indonesia, which could produce a combined 272 MW, and capacity may increase sharply to 1,000 MW by 2014, he added.

E. Java geothermal projects to be auctioned: Govt.

"The joint committee will offer $3 million per kilowatt hour and will select three winners for each project," Herawati said Thursday. The first winner will be required to pay $10 million in advance as a guarantee and to start operations within six months. "If it fails to fulfill this condition, the project will be granted to the second winner," she said. Herawati said the province had a further nine geothermal deposits that would be offered to investors in the future. The nine, located in Madiun, Mojokerto, Probolinggo, Pacitan, Malang and Sumenep, have a combined potential capacity of 580 MW. Separately, the Director General for Coal and Geothermal Minerals at the Energy and Mineral Resources Ministry, Bambang Setiawan, said the government would continue tapping renewable and environmentally friendly geothermal energy. "The government will not impose taxes on the imports of any materials for geothermal exploration as incentives for investors to produce the energy," he said. "The government will also explore the geothermal energy in Seulawah and Jaboi in Aceh, Jailolo in North Maluku, Ungaran in Central Java, Mt. Tapomas, Tangkuban Perahu and Cisolok in West Java and Sokoria in East Nusa Tenggara," he said.

Jakarta, December 9, 2008 - The government is to auction off geothermal resources in Ngebel, Ponorogo and Ijen, Banyuwangi, East Java, to improve power supplies in Java and Bali, The Jakarta Post reported. Head of the provincial energy and mineral resources agency, Tutut Herawati, said the government was preparing a joint team from the central government, provincial and regency administrations to open a tender for the two geothermal projects. The total capacity of the two sites is more than 400 MW.

INVESTMENT NEWS

Company Exposition:

SINAR BATU ALAM Co. Ltd.

Indonesian Natural Stone

SINAR BATU ALAM Co., Ltd. was established in 1998. The company supplies all various Indonesian natural stones. The company has networks in some of parts in Indonesia such as Bali, Surabaya, Balikpapan, Semarang, and Jakarta. It has factory of mosaics in Ponorogo, East java – Indonesia. As one of the biggest suppliers of Indonesian natural stones, it supplies most to small and big companies in Indonesia as well as to buyers from Australia, Singapore, Korea, Malaysia, UAE, and Turkey. The company produces many kinds of natural stones such as pebble stone, gravel/sandstone, mosaic, java slate, Palimanan stone, temple stone, coral, garden stone, river stone, mountain stone, ornament stone, wood fossil, pumice stone, etc.

CONTACT :

SINAR BATU ALAM Co., Ltd

Raya Lingkar Timur Kemiri Sidoarjo, Jawa Timur - Indonesia

Phone : 62-31-8071351-52 Fax : 62-31-8071353

Phone Mobile : 62-81-137-6864 Web : www.indonesianaturalstone.com

info@indonesianaturalstone.com

sbastone@sby.dnet.net.id

Investment Opportunity A Preliminary Feasibility Study of Indonesian Steel Industry (Part IV)

Financial Feasibility Estimation – Pipe Investment Cost Estimation US$ 7.000.000.00

Production Capacity 50.000.00 ton

Price / Ton US$ 1,200.00

Price Escalation 5% / Year

Cost Escalation 2,50% / Year

Operational Cost US$ 50.000.000.00 / Year

Period 10 Year

IRR on Project : 23,29%

Discount Rate : 14%

NPV on Project : US$ 14,105,203.03

Payback Period : 7 years 3 month

(in US$)

DESCRIPTION YEAR 0–1 YEAR 0–2 2011 2012 2013 2014

INCOME 36,000,000 44,100,000 52,920,000 62,511,750

Price 1,200 1,260 1,323 1,389

Utilization 60% 70% 80% 90%

Production 30.000 35.000 40.000 45.000

EXPENDITURE

Operational Cost 50.000.000 51.250.000 52.531.250 53.844.531

NET CASH FLOW FROM OPERATION 14.000.000 7.150.000 388.750 8.667.219

DEPRECIATION 700.000 700.000 700.000 700.000

Outflow for Project Calculation

Investment 4.200.000 2.800.000

Income Tax – – – 2.390.166

TOTAL OUTFLOW 4.200.000 2.800.000 – – – 2.390.166

Surplus (Deficit) (4.200.000) 2.800.000 (14.200.000) (7.150.000) 388.750 6.277.053

Accumulation (4.200.000) (7.000.000) (21.000.000) (28.150.000) (27.761.250) (21.484.197)

Surplus (deficit) (discounted) (4.200.000) (2.800.000) (12.280.702) (5.501.693) 262.395 3.716.519

Accumulation (4.200.000) (7.000.000) (19.280.702) (24.782.395) (24.519.999) (20.803.480)

DESCRIPTION 2015 2016 2017 2018 2019 2020

INCOME 72.930.375 76.576.894 80.405.738 84.426.025 88.647.327 93.079.693

Price 1.459 1.532 1.608 1.689 1.773 1.862

Utilization 100% 100% 100% 100% 100% 100%

Production 50.000 50.000 50.000 50.000 50.000 50.000

EXPENDITURE

Operational Cost 55.190.645 56.570.411 57.984.671 59.434.288 60.920.145 62.443.148

NET CASH FLOW FROM OPERATION 17.739.730 20.006.483 22. 421.068 24.991.738 27.727.182 30.636.544

DEPRECIATION 700.000 700.000 700.000 700.000 700.000 700.000

Outflow for Project Calculation

Investment

Income Tax 5.111.919 5.791.945 6.516.320 7.287.521 8.108.155 8.980.963

TOTAL OUTFLOW 5.111.919 5.791.945 6.516.320 7.287.521 8.108.155 8.980.963

Surplus (Deficit) 12.627.811 14.214.538 15.904.747 17.704.216 19.619.027 21.655.581

Accumulation 8.856.386 5.358.153 21.262.900 38.967.116 58.586.143 80.241.725

Surplus (deficit) (discounted) 6.558.490 6.475.952 6.356.131 6.206.373 6.033.007 5.481.459

Accumulation (14.244.991) 7.769.038 1.412.908 4.793.466 10.826.473 16.667.931

Taman Mini Indonesia Indah

(Indonesia Miniature Park) Exploring Indonesia in One Day

Taman Mini Indonesia Indah or Beautiful Indonesia Miniature Park was built to be the showcase of Indonesia, in this park visitors will find many Indonesia natural & cultural richness such as unique replication of traditional houses (pavilion) from all around Indonesia, an Indonesia archipelago shaped lake and many other fascinating attraction. The park is an Ideal spot for week-end family outing and also international tourist who did not have enough time to explore Indonesia. It started with the idea of the late Ibu Tien Soeharto (former Indonesia first lady). The construction of TMII began in 1971 and it was official inaugurated on April 20, 1975. Since its existence and in the course of time TMII continues to grow and developed in line with the dynamism of the community life of Indonesia.

People are more aware of the great advantages of the existence of TMII, with the mission to be a vehicle for the preservation and development of the culture and a means to strengthen the unity and integrity of the people of Indonesia. TMII is considered as a vehicle presenting the diversity of the people of Indonesia and the variety of cultural wealth enables the community to gain interesting experience, knowledge and information regarding various aspects of culture, tradition, customs, and forms of art as far as the introduction of cultural objects. The beauty and cultural wealth presented by TMII can easily be observed by the community through the availability of a more complete and interactive means of information. It is expected that through the website the information can be disseminated widely all over the Archipelago and even abroad so that it will facilitate the community to better know about the culture and customs of the people of Indonesia. Province Pavilions

The bulk of the facilities at TMII are made up of the regional pavilions. With more than twenty five pavilions to walk through, representative of the architecture of each province of Indonesia, the visitor is provided a very unique opportunity to view the breadth and scale of the full range of regional architecture.

Each pavilion presents at least three typical examples of the regional style it represents. Don’t have the time or the fortitude to venture to distant or out-of-the-way locations? No need. Visit every pavilion and you will come away with a very clear impression of the diversity and richness of Indonesian architectural and living styles.

To point out just a view, there is the `Bogonjong` house of the Ranah Minang from West Sumatra, a `Lamin` of the Dayak people from deep in the interior of East Kalimantan, a `Tongkongan` from Tana Toraja, South Sulawesi, a traditional Batak `Bolon` house from North Sumatra; a `Joglo` house from Central Java, etc.

Attractions

Istana Anak-anak Indonesia: Indonesia Children Castle, featuring fairy tales painting from Indonesia and all over the world. Perahu Angsa Arsipel Indonesia: Swan Boat to explore Indonesia archipelago shaped lake. Taman Among Putro: An amusement park for children fully equipped with games and fun activities. Taman Ria Atmaja: a 60 Sq m stage in an 4000 Sq m area, well known as Dangdut Terminal (Dangdut: popular unique music genre in Indonesia).

Taman Renang Ambar Tirta: Swimming pool for adult and children, equipped with trainer and lifeguard. Teater Imax Keong Emas: A sophisticated IMAX technology snail shaped theatre, with several IMAX movies featuring Indonesia’s natural and cultural richness.

Desa Wisata: When a day is not enough to explore TMII, there is Desa Wisata, a hostel for individual or groups visiting TMII from outside Jakarta to stay overnight. Transportasi TMII: The means of transportation get you around the "Archipelago".

Sky Lift Indonesia (Kereta Gantung): Want a quick and easy geography lesson? Take the Sky Lift for an aerial tour of the park and one of the sights that will stay with you is a scale model of the islands of Indonesian archipelago set in a smalll lake. Titihan Samirono/ Aeromovel: Another way to get around is the fast train, Aeromovel.

Teater Tanah Airku: The "Tanah Airku" Theatre is the first in Indonesia equipped with high technology to an international standard. The physical aspect of the "Tanah Airku" Theatre is a marriage of the typical Indonesian and the international aesthetic. Indonesian ornamentation such as 'gunungan' (mountains), elements from Javanese puppet shows, the roof shapes of Sumatra and Sulawesi, with a touch of Kalimantan Dayak style, all is harmoniously blended. Combine this with modern sound and lighting effects and the complete stage equipment of a state of-the-art theatre and you have a dramatic experience long remembered.

Panggung Parkir Utara: The North Parking Stage is a permanent stage for various entertainment activities for the visitors. Situated next to the Pancasila Flame Monument Plaza and belonging to the North Parking area the open stage has been built by the participation of private enterprises that care about the national cultural wealth presented in TMII. The 20 m x 18 m large stage with a triangular roof is the biggest stage in Taman Mini.

How to get there From Central Jakarta, TMII is about 25 kilometers away. Five kilometers, if you're in Halim Perdana Kusuma airport (local airport). It is reachable by public transportation, taxi. Rent a car for a more comfortable journey.

Where to Stay 1. Inns and hotels in and around Jakarta 2. Graha Wisata Remaja. Ideal for teenagers and those with limited budget. It is within walking distance to small restaurants,

cable car station, pool, and several museums. Have overtired legs? The terminal for transportation is nearby. The shuttle cars there will transport you to other attraction within the park that you desire.

3. Padepokan Pencak Silat. This accommodation equipped with meeting rooms. 4. Desa Wisata. Mainly for young people in groups. This place sometimes hosts several meetings, events, and seminars. You

can rent the cottages for more privacy. Food and beverages is available to order. An open theatre is also available.

Dining Guide 1. Try Restoran Caping Gunung. Its

natural lighting (no light bulbs, light is provided with roof made of clear materials) and tasty food will provide a unique dining experience.

2. Pasar Tiban (Tiban Market). Food sellers inhabit this small complex consisting of many buildings.

3. You can eat at small restaurants scattered around this area.

Moving Around On foot, shuttle cars, Sky Lif and Aeromovel. Souvenir Tips TMII sells many small trinkets that will enable you to remember your experience here. Various shirts, hats, postcards are widely available. Travel Tips 1. TMII is quite huge, consisting of more than 100 hectares of land. If you don't

have much time, join a tour. That way, you'll save money and time. (You'll get a discount if you travel in a group)

2. If you want to explore this site fully, it is best if you spend the night within this area.

Other Things to See or Do 1. Take a trip on the cable car. You'll be able to see TMII

from the top a delightful experience. 2. Watch Indonesia movies at Theatre Imax Keong Emas. 3. Visit several museums in this area. 4. Visit the parks orchid garden and bird park.

Taman Mini Indonesia Indah (TMII) Management Office Taman Mini Indonesia Indah Complex

Phone : +62-021-8409214, 8409210, 8409270, 8409236, 8409239 Fax : 021-8400709

Email : info@tamanmini.com Website: http://www.tamanmini.com

INDONESIA NEWS IS COMPILED, PRINTED AND PUBLISHED BY THE EMBASSY OF THE REPUBLIC OF INDONESIA IN ANKARA, TURKEY

Abdullah Cevdet Sokak No. 10 (P.O. Box 42) Cankaya 06680, Ankara, Turkey

Phone: (90-312) 4382190 Fax: (90-312) 4382193 www.indo-ank.org