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Water Privatization In Jakarta
Water privatisation in Jakarta began when the British water company Thames Water entered into an agreement with the son of then-President Suharto in 1993 to obtain a water concession. Under the influence of the French water company Suez, however, the government decided to split the city's service area between the two companies. The government awarded Thames Water and Suez each a concession for one half of the city without competitive bidding. The contracts foresaw water charge increases that would allow the companies to earn a comfortable 22 percent rate of return. However, only two months after the contracts were signed, the Indonesian rupiah massively lost in value due to the East Asian financial crisis, and President Suharto was toppled. The concessions survived, but the government imposed a tariff freeze and the contracts had to be renegotiated to reduce their targets. In 2006 Suez sold half and Thames Water all its shares to Indonesian investors. The main targets of the con ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Thames Water
Thames Water Utilities Ltd, known as Thames Water, is a large private utility company responsible for the public water supply and waste water treatment in most of Greater London, Luton, the Thames Valley, Surrey, Gloucestershire, north Wiltshire, far west Kent, and some other parts of England; it has a considerable local monopoly. Thames Water is the UK's largest water and wastewater services company, and supplies of drinking water per day, and treats of wastewater per day. The area covered by Thames Water has a population of 15 million, that comprise 27% of the UK population. Thames Water is responsible for a range of water management infrastructure projects including the Thames Water Ring Main around London; the Lee Tunnel; Europe's largest wastewater treatment works and the UK's first large-scale desalination plant, both at Beckton. Thames Water awarded Bazalgette Tunnel Ltd the contract to build the £4.2 billion London Tideway Tunnel Infrastructure proposals by ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Overdrafting
Overdrafting is the process of extracting groundwater beyond the equilibrium yield of an aquifer. Groundwater is one of the largest sources of fresh water and is found underground. Groundwater depletion is comparable to a bank account in which more money is withdrawn than deposited. The primary cause of groundwater depletion is the excessive pumping of groundwater up from underground aquifers. There are two sets of yields: safe yield and sustainable yield. Safe yield is the amount of groundwater that can be withdrawn over a period of time without exceeding the long-term recharge rate or affecting the aquifer integrity. Sustainable yield is the amount of water extraction that can be sustained indefinitely without negative hydrological impacts, taking into account both recharge rate and surface water impacts. There are two types of aquifers: confined and unconfined. In confined aquifers, there is an overbearing layer called aquitard, which contains impermeable materials through whi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Astra International
Astra International is an Indonesian conglomerate controlled by Jardine Matheson. It is founded in 1957 by Tjia Kian Tie, Liem Pen Hong with the name of PT. Astra International Incorporated. It is Southeast Asia's largest independent automotive group. Operating predominantly in Indonesia, it is a provider of a full range of automobile and motorcycle products in partnerships with companies which include Toyota, Daihatsu, Isuzu, UD Trucks, Peugeot and BMW for automobiles, and Honda for motorcycles. Astra also has a strong presence in the automotive component sector through its subsidiary PT Astra Otoparts Tbk. In addition, Astra has interests in financial services; heavy equipment and mining; agribusiness; infrastructure and logistics; and information technology. In financial services, Astra's businesses provide financial products and services to support its automotive and heavy equipment sales. The group was also involved in retail banking through a stake in PT Bank Permata Tbk u ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Sutiyoso
Sutiyoso (born 6 December 1944) is an Indonesian politician and former general who was the Director of the State Intelligence Agency from 8 July 2015 - 9 September 2016. Known informally as 'Bang Yos', he was the governor of Jakarta, the country's capital, during a turbulent period from 1997. During this time there was a total of five presidents in Indonesia (Suharto, B. J. Habibie, Gus Dur Wahid, Megawati, and SBY). The transitions between presidents were often accompanied by much turmoil and disturbance in the streets of Jakarta. Sutiyoso also served as chairman of the Badminton Association of Indonesia (PBSI) for the period 2004–2008. He is particularly known for his work in supporting the introduction, in early 2000, of the TransJakarta, a bus rapid transit Bus rapid transit (BRT), also called a busway or transitway, is a bus-based public transport system designed to have much more capacity, reliability and other quality features than a conventional bus system. ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
1997 East Asian Financial Crisis
The Asian financial crisis was a period of financial crisis that gripped much of East Asia and Southeast Asia beginning in July 1997 and raised fears of a worldwide economic meltdown due to financial contagion. However, the recovery in 1998–1999 was rapid and worries of a meltdown subsided. The crisis started in Thailand (known in Thailand as the '' Tom Yam Kung crisis''; th, วิกฤตต้มยำกุ้ง) on 2 July, with the financial collapse of the Thai baht after the Thai government was forced to float the baht due to lack of foreign currency to support its currency peg to the U.S. dollar. Capital flight ensued almost immediately, beginning an international chain reaction. At the time, Thailand had acquired a burden of foreign debt. As the crisis spread, most of Southeast Asia and later South Korea and Japan saw slumping currencies, devalued stock markets and other asset prices, and a precipitous rise in private debt. South Korea, Indonesia and ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Jakarta
Jakarta (; , bew, Jakarte), officially the Special Capital Region of Jakarta ( id, Daerah Khusus Ibukota Jakarta) is the capital and largest city of Indonesia. Lying on the northwest coast of Java, the world's most populous island, Jakarta is the largest city in Southeast Asia and serves as the diplomatic capital of ASEAN. The city is the economic, cultural, and political centre of Indonesia. It possesses a province-level status and has a population of 10,609,681 as of mid 2021.Badan Pusat Statistik, Jakarta, 2022. Although Jakarta extends over only , and thus has the smallest area of any Indonesian province, its metropolitan area covers , which includes the satellite cities Bogor, Depok, Tangerang, South Tangerang, and Bekasi, and has an estimated population of 35 million , making it the largest urban area in Indonesia and the second-largest in the world (after Tokyo). Jakarta ranks first among the Indonesian provinces in human development index. Jakar ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Non-revenue Water
Non revenue water (NRW) is water that has been produced and is "lost" before it reaches the customer. Losses can be real losses (through leaks, sometimes also referred to as physical losses) or apparent losses (for example through theft or metering inaccuracies). High levels of NRW are detrimental to the financial viability of water utilities, as well to the quality of water itself. NRW is typically measured as the volume of water "lost" as a share of net water produced. However, it is sometimes also expressed as the volume of water "lost" per km of water distribution network per day. Components and audits The International Water Association (IWA) has developed a detailed methodology to assess the various components of NRW. Accordingly, NRW has the following components: * Unbilled authorized consumption * Apparent losses ( water theft and metering inaccuracies) * Real losses (from transmission mains, storage facilities, distribution mains or service connections) In many utiliti ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Concession (contract)
A concession or concession agreement is a grant of rights, land or property by a government, local authority, corporation, individual or other legal entity. Public services such as water supply may be operated as a concession. In the case of a public service concession, a private company enters into an agreement with the government to have the exclusive right to operate, maintain and carry out investment in a public utility (such as a water privatisation) for a given number of years. Other forms of contracts between public and private entities, namely lease contract and management contract (in the water sector often called by the French term ''affermage''), are closely related but differ from a concession in the rights of the operator and its remuneration. A lease gives a company the right to operate and maintain a public utility, but investment remains the responsibility of the public. Under a management contract the operator will collect the revenue only on behalf of the gov ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
World Bank
The World Bank is an international financial institution that provides loans and grants to the governments of low- and middle-income countries for the purpose of pursuing capital projects. The World Bank is the collective name for the International Bank for Reconstruction and Development (IBRD) and International Development Association (IDA), two of five international organizations owned by the World Bank Group. It was established along with the International Monetary Fund at the 1944 Bretton Woods Conference. After a slow start, its first loan was to France in 1947. In the 1970s, it focused on loans to developing world countries, shifting away from that mission in the 1980s. For the last 30 years, it has included NGOs and environmental groups in its loan portfolio. Its loan strategy is influenced by the Sustainable Development Goals as well as environmental and social safeguards. , the World Bank is run by a president and 25 executive directors, as well as 29 various vic ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Salim Group
The Salim Group is Indonesia's biggest conglomerate and refers to companies where the Salim family held majority ownership. Its assets include Indofood Sukses Makmur, the world's largest instant noodle producer; Indomobil Group, one of Indonesia's largest car manufacturers; Indomaret, Indonesia's largest convenience store chain; and Bogasari, a large flour-milling operation. The group was founded in October 1972 by Sudono Salim and his junior partner Sutanto Djuhar (Lin Wenjing). The current CEO is Anthoni Salim, a son of Sudono Salim. The Salim Group also owns major oil palm plantations (about 1,000 km2) and logging concessions. Salim Group has been involved in property development and the leisure industry for around 30 years. Its businesses include hotel and resort development, golf courses, and commercial real estate. History The Salim Group was closely tied to Indonesian politician and dictator Suharto, who ruled Indonesia for 31 years and was Sudono Salim's " ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Suez (company, 1997–2008)
Suez S.A., known from 1997 to 2001 as Suez-Lyonnaise des eaux, was a leading French multinational corporation headquartered in the 8th arrondissement of Paris, with operations primarily in water, electricity and natural gas supply, and waste management. Suez was the result of a 1997 merger between the '' Compagnie de Suez'' and , a leading French water company. In the early 2000s Suez also owned some media and telecommunications assets, but has since divested these. According to the ''Masons Water Yearbook'' 2004/5, Suez served 117.4 million people around the world. The company conducted a merger of equals with fellow utility company Gaz de France on 22 July 2008 to form GDF Suez (called Engie since 2015). The water and waste assets of Suez were spun off into a separate publicly traded company, Suez Environnement. History Suez was (and remains, through GDF Suez) one of the oldest continuously existing multinational corporations in the world, with one line of corporate history da ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ciliwung River
Ci Liwung (often written as Ciliwung; also as Tjiliwoeng in Dutch, Sundanese: ᮎᮤᮜᮤᮝᮥᮀ) is a 119 km long river in the northwestern region of Java where it flows through two provinces, West Java and the special region of Jakarta. The natural estuary of the Ciliwung river, known as the Kali Besar ("Big River"), was an important strategic point for trade in the precolonial and colonial periods and was instrumental in the founding of the port city of Jakarta, but has been lost from reorganization of the watercourse of the rivers around the area into canals. Etymology The etymology of ''Ciliwung'' is uncertain; the two least implausible assumptions are "the whirlpool" (compare Sundanese ''liwung'' "be distressed, upset") or "the meandering one" (compare Malay ''liuk'', ''liut'' "to twist"). It is possible that the name originated from one of the many epithets of the king of Pajajaran Sri Baduga Maharaja, among them is Prabu Haliwung, so named because of his temp ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
