East Kalimantan has long been known as the energy basket of Indonesia, oil, coal, gas, mineral can be easily found in this second biggest province in Indonesia. People of East Kalimantan are relatively wealthier than their Indonesian fellas in other province, due to its richness of natural resources, and small population.
MEC Holdings, a Dubai-based company is committed to flood in as much as $ 5 billion to build a railway connecting industrial centers in this province, to better the movability of energy supply ranging 130 km. Indonesia is in dire need for foreign investment to balance the government spending, and to grow its economy even faster. And $ 5 billion is a good chunk of amount. It’s a huge amount during this global slowdown.
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