INTHISOCCASION,IWILLGIVEPRESENTATIONFORSEVERALPROSPECTPROJECTINEASTJAVA,

SUCHAS:

1.UMBULANPROJECT2.INFRASTRUCTUREPROJECT

3.MASSRAPIDTRANSPORTATION(MONORAIL&TRAMWAY)

4.TolSurabaya5.OptimalisasiSuramadubridge

PRESENTEDBY:

DR. IR. JAMHADI, MBA 1.CHAIRMAN OF SCCI SURABAYA 2.EAST JAVA SCCI EXPERT TEAM

Arterial / Toll RoadNorth Route : Tuban-Sby-BwangiMiddle Route : Ngawi-SbySouth Route : Pacitan-Bwangi

Train StationDeparture Station : 29 StationsRailroad Lenght: 895.750 km

SeaportInternational Port : Tanjung Perak, Surabaya(35 millions TEUS) Domestic Port : Tanjung Tembaga- ProbolinggoTanjung Wangi - BanyuwangiAnd also 8 Commercial Port.

AirportInternational Airport : Juanda-SurabayaCargo Capacity : 152 millions ton Domestic : Abdurrahman Saleh MalangTrunojoyo SumenepMinak Jinggo - Banyuwangi

Industrial EstateCurrently, East Java have a potency of 18.700 Haindustrial area availability, as follows :1.PIER , Pasuruan2.NIP, Mojokerto3.North Mojokerto4.Sedayu Lawas, Gresik5.Ploso Area, Jombang6.Wongsorejo, Banyuwangi7.Tuban Industrial Estate8.LIS , Lamongan

Water ResourcesProvided from :- Brantas River Basin with 7 Reservoirs

- Bengawan Solo River with 3 Reservoirs

MICE, HOTEL & HOSPITAL International Hotel in Surabaya; 8 hotels (5 star) 10 hotels (4 star) 3 MICE (meeting, incentive, conference & exhibition)

International Hospital : 6 hospitals

* US$ 1 = Rp. 9.500

2008 2009 2010 2011 2012Reg. Invest. 2.86 4.08 5.92 7.37 8.37DDI 0.29 0.45 1.01 2.14 3.02FDI 0.43 0.40 1.76 2.11 2.64TOTAL 3.58 4.93 8.69 11.62 14.03

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A15%

B13%

C6%D

5%E4%F4%

G4%

H3%

I3%J2%

K41%

A. SingaporeB. NetherlandC. JapanD. SwitzerlandE. United KingdomF. AustraliaG. Saudi ArabiaH. China I. MalaysiaJ. USAK. Others

A22%

B11%

C6%D

5%E4%

F4%

G4%H

3%I2%

J1%

K38%

A. Food ProcessingB. Chemical & PharmacyC. Metal, Machinery, &

ElectronicD. Transport, Logistic &

CommunicationE. Trade & RepairF. ConstructionG. Motor Vehicle & other

TransportationH. Non-Metal Minerals Industry I. Wood Ind.J. Textile Ind.K. Others

60%21%19%

o Toxic & Hazardous Waste Treatment Plant atPasuruan, Mojokerto and Gresik Regencies

o Geothermal Power Plantin Arjuna-Welirang Mountain

o Oil Refinery Development Project in Situbondo

o LNG Receiving Terminal & Regasification Unit in Gresik and/or Pasuruan

o Development of New Industrial Estate

LOCATION :will be located in Situbondo Regency (Tanjung Pecinan),

East Coastal side of East Java

GENERAL DESCRIPTION : According to observation, national domestic of Indonesia

oil fuel needs more than Indonesias existing refineriescapacity (Pertamina owned). Even, no more oil refinery inEast Java.

National oil fuels demand is illustrated as follows:

PROJECT PURPOSE :To fulfil East Java oil fuels demand, incase there are no oilrefinery in East Java Province nowdays. Whereas oildemand for East Java/Bali/NTT/ NTB is quite high i.e.around 207 MBSD (2006), 252 MBSD (2011) and 307MBSD (2016) /equal to 352 MBSD Crude Oil.

SCOPE OF WORK :Constructing and operating an offshore Oil Refinery with basicdesign as follow : Crude oil processing capacity is 300 MBSD (300,000 BBL/D)

with composition 150 MBSD Arabian Light Crude (ALC), and150 MBSD Arabian Heavy Crude (AHC).

Process configuration is based on concepts as follows:o Maximize Midlle Destillate product;o Optimizing Gasoline product;o Minimizing Fuel Oil and Asphalt products.

INVESTMENT COST :Initial Investment:

USD 4,242 millionTotal Investment (incl. IDC and other cost) :

USD 5,018 million

INVESTMENT ANALYSIS :Project profitability based on the assumptions:Project life = 20 yearsFinancing loan = 70%Equity = 30%Interest rate = 8.0% p.a.EPC Period = 4.0 yearsDepreciation = 20 yearsCrude Price = USD 95/Bbl

INVESTMENT Evaluation (1st Configuration) :Based on the assumptions as above, the economical evaluationgives:Net Present Value = USD 3.649 billionIRR on Investment, = 13.1%Pay Out Time = 6.9 yearsProfitability Index = 1.8D S R = 1.09

LOCATION :Gresik and/or Grati-Pasuruan, East Java

GENERAL DESCRIPTION : Natural gas demand in East Java Province increases

from time to time, while the supply could not catch upwith this increasing demands.

The highest supply of gas will take place in 2016 withtotal of 709 MMSCFD Gas, unfortunately in the sameyear the total gas demand may reach 1712 MMSCFD.

Power station is the most consumer of Natural Gas, theyneed around 1.5 BSCFD gas to produce consumedelectricity in the area. To cap this big electricity demand,Indonesia Power Stations have to use Coal and Oil astheir Fuels. Coal as fuel will end up with pollution, whilegas oil price is very high and increasing with the coalprice increase, therefore LNG Regasification is the onlyanswer to solve this problem.

Operational design :LNG Regasification Terminal projects be planned as follows:1. Sources of LNG is from outside of Java

(Tangguh/Australia/Qatar).2. Design option: Ground Terminal Option (on-shore) and the

Off-shore Terminal option (off-shore).3. Gas distribution: by piping and/or Truck Tank4. Use Gravifloat Technology.

SCOPE OF WORK :Total Gas capacity produced from Regasification LNG is2,500,000 TPA, or equivalent to 360 MMSCFD Gas.Units :C.1. GraviFloat LNG Terminal (offshore)

Reservoir tank with a capacity of 6 Tanks 42,000 m3 each(a total of 252,000m3 or 15 days of operation) or as perdemand and increased gradually.

C.2. Regasification Plant (on land)With production of 360 MMSCFD Gas

INVESTMENT COST :GraviFloat LNG Terminal (offshore) :US$ 345 millionRegasification Plant (on land) :US$ 104 million

PROJECT PURPOSE : To fullfil East Java and national gas demand; Reducing coal and petroleum usage which is also an

effort of environment preservation; Cutting off distribution chains of natural gas.

LOCATION :WMA Arjuno Welirang is located in three regencies : Malang, Pasuruan & Mojokerto, 60 Km Southern Surabaya City.

PROJECT PURPOSE : To Utilize Geothermal energy for

generating the electricity with thecapacity about 265 MWe.

Increasing the availability of electricitycapacity to anticipate the growth ofindustry in East Java.

SCOPE OF WORK : For the procurement, the Ministry of Energy and Mineral Resources

provide the Preliminary Study of WMA Arjunoi-Welirang. Investor have to do several activities such as : Detailed survey &

design, Exploration, Exploitation & Build the Electricity Power Plant.

THE GEOTHERMAL PROSPECT LOCATION OF MOUNT ARJUNO WELIRANG

GENERAL DESCRIPTION : East Java have several Geothermal Potencies in 11 Location,

which can be used as a electric power plant with the potency as1.500 MWe.

The Investors for 3 Geothermal Location had been decided, MiningWork Area (MWA) Argopuro (295 MWe), MWA Ngebel (220 MWe)& MWA Blawan Ijen (170 MWe).

Curently, they conduct the detailed survey & exploration. In 2014, the Ministry of Energy & Mineral Resources will determine

the MWA Arjuno Welirang (265 MWe) for its open procurement.

INVESTMENT COST : Project cost estimate : USD 570 Million With 30 Years concession Electricity Max tariff : USD 11 cents / KWh

(National Electric Company as a buyer)

GENERAL DESCRIPTION : The number of East Java industries which produce toxic &

hazardous waste reach 30,000 industries ; Estimation of total East Javas toxic & hazardous waste in

2011 is 14,270 ton ; The toxic and hazardous waste treatment plant in Indonesia

with high scale and complete facility is only located inCileungsi, Bogor , West Java ;

Industries should expend high cost since their toxic &hazardous waste must be processed in Bogor ;

The inclination of mostly industries do not process their toxic& hazardous waste to Bogor or another processing centre,then it impacts to pollution and destruction of environment.

To overcome this problem, Toxic & Hazardous Wastetreatment Facility have to be established in East Java whichhas profitable business prospect.

PROJECT PURPOSE : To facilitate the industries which produce toxic & Hazardous

waste in East Java, so that they could reduce the processingcost.

Maintaining environmental sustainability.

INVESTMENT COST :Estimation cost for construction :USD. 47.07 MillionEstimation of working capital (3 month) :USD. 271 Thousand

CAPACITY : Up to 23,650 ton/year in 2015 ; Up to 33,232 ton/year in 2020 ; Up to 38,119 ton/year in 2025.Minimum land required : 50 Ha.

SCOPE OF WORK :a.Waste Management: Solidification and

Stabilization, Neutralization and Declorination, Biological Processing, Distillation, Evaporation & Extraction, lncineration.

b.Waste Landfill : Secure HazardousWaste Landfill, Land spread, Conventional Landfill, Ocean Dumping.

c.Supporting System : Management system, Laboratories

d.Supporting facility : office building and equipments

LOCATION :The alternative location is Pasuruan, Mojokerto & GresikRegency that closely located with Industries which producetoxic & hazardous Waste.

LOCATION :Nganjuk Destrict (the District baron, Sukomoro,Tanjunganom), About 119 km from Surabaya or Jombang(Sub-unit and Area Development Mojoagung Ploso) about 79Km from Surabaya.Alternative location with high investment prospect are aroundRegency of Tuban, Pasuruan, Jombang, and Banyuwangi.

PROJECT PURPOSE :To provide a new industrial estate which is located in thecenter of East Java Province to realize easier activity ofproduction or distribution for its user.

SCOPE OF WORK :Providing Industrial Area with a variety of facilities and itsupporting infrastructure in the 1000 Ha area.

INVESTMENT COST :The construction cost for basic industrial estate also additionalproperty for 7 (seven) year is estimated to US.$ 393 million. Whileinvestment cost 4 years ahead (warehouse) is about : US.$ 19million.

INVESTMENT CONCEPT :Investor role is to built and funding the establisment of NewIndustrial Eastate including it support facilities andinfrastructure, to be manage and operate by the investor it selfin the future.

o New Runway and PassengerTerminal Developmentof Juanda International Airport

o Surabaya - Juanda Airport Rapid Transportation System

o Probolinggo - Banyuwangi Toll Roado Legundi Bunder Toll Roado Gresik - Tuban Toll Road

o Sendang Biru Seaport - Malang in Southern Coast of East Java

LOCATION :Probolinggo Banyuwangi

GENERAL DESCRIPTION :Banyuwangi is a closest city to Bali and the only access for distributinggoods and services through Gilimanuk Port. Everyday traffics fromLombok - Bali going to Surabaya and Jakarta pass through Banyuwangi -Probolinggo - Pasuruan - Surabaya - Jakarta roads.An existing primary road consists of Pasuruan - Probolinggo road along29.80 km and its width around 7.00 - 11.00 m and Probolinggo -Banyuwangi along 118.60 km and width of 6.00 7.00 m makes servicecapacity insufficient.In case of supporting industrial estate acceleration within 5 years future inPasuruan, Probolinggo and Banyuwangi and developing economic growthand distribution of goods and service, therefore Pasuruan-Probolinggo-Banyuwangi toll road development is highly required.

FINANCIAL ANALYSIS : Discount Rate : 10.00% Benefit Cost Ratio : 1.75 Internal Rate of Return : 18.04%

SCOPE OF WORK :- Preliminary Study- Toll road construction with specification :

Lenght : 170.30 kmPavement Road : 2 x 3 x 3.6 lanesMedian : 5.50 mOuter Shoulder : 3 mInner Shoulder : 1.50 mROW : 60 - 100 mDaily Traffic Volume : 51,226 veh/day

INVESTMENT COST :Cost for construction and land aquisition estimatedaround US$ 2,183.2 Billion

INVESTMENT CONCEPT : Development of toll road infrastructure by using

private/social investment funds with readmission of toll road

receipt.

Probolinggo Banyuwangi

LOCATION :Gresik and Krian Regency, East JavaSCOPE OF PROJECT :- Preliminary Study- Construct the project with specificationLengthDesign SpeedPavement RoadMedianShoulderDaily Traffic Volume (Legundi Bunder)INVESTMENT COST :To refund all the entire cost, investors will get a share of the net toll revenue. The percentage isdetermined by agreement between the investor as funders,and PT. Jatim Marga Utama as alocalpartner.

INVESTMENT COST :The construction cost of toll road and land aquisition estimated : USD. 222.74million.

: > 25 Km: 80 100 Km/Hr: 2 x 2 x 3,5 lanes: 4 m: 2 x 2,5 m: 14.444 veh/day

GENERAL DESCRIPTION :Toll road locations will co exist with theprimary connector roads Krian - LegundiBunder Gresik varies with the distance ofabout 0.50 km - 1.00 km connectingSidoarjo and Gresik regency. The toll roadis also connected with the SurabayaMojokertoToll Road and Gresik -SurabayaToll Road

LOCATION :Bulu Tuban - Widang Lamongan - Gresik

GENERAL DESCRIPTION :Gresik - Tuban Road is the nothern road accross (Pantura)Semarang -Rembang - Tuban - Surabaya and pass throughregions which has high density port, such as : Tanjung EmasPort in Semarang, Juawana, Rembang, Tuban and TanjungPerak Port in Surabaya.The traffic passes through mostly is heavy vehicle whichcarried commodities from port and industrial area. The lengthof arterial primary road Gresik Tuban is 88 km with widtharound 7 14 m.The Government endeavors to overcome traffict density in thenothern road accross (Pantura) by proposing new toll roaddevelopment which noticed on Government RegulationNumber 26 of 2008 concerns on national spatial plan, i.e:- Semarang Demak- Demak Tuban- Gresik Tuban

FINANCIAL ANALYSIS : Discount Rate : 10.00% Benefit Cost Ratio : 1.56 Internal Rate of Return : 18,25%

SCOPE OF WORK :- Preliminary Study- Toll road construction with specification :

LenghtDesign SpeedPavement RoadMedianShoulderROWDaily Traffic Volume

TrafficVolume (existing) : 85,419 vehicle / day

INVESTMENT COST :Cost for construction and land aquisition estimatedaround : USD 9,263.1 Million

INVESTMENT CONCEPT : Development of toll road infrastructure by using

private/social investment funds with readmission oftoll road receipt.

PROJECT PURPOSE : Make freight traffict of goods and services in Pantura is

running well and support economic development in Gresikand Tuban.

: 85.00 km: 80 - 100 km: 2 x 2 x 3.5 lanes: 4 m: 2 x 2.5 m: 40 - 60 m: 44,725 veh / day

LOCATION :Sidoarjo District-East Java Province

GENERAL DESCRIPTION : Juanda International Airport only have one runway which

nowdays the condition is worsen (the runway asphalt oftenpeel-off).

The flight intensity from/to Juanda Airport is too high toohandle by existing runway which reach 22 flight/hour in peakseason.

To anticipate the increasing of future flight intensity is necessaryto build a new runway for serving up coming fight frequent to 25flight/hour .

INVESTMENT CONCEPT : Joint investment with PT. Angkasa Pura I to built

this project and its infrastructure; Joint management with PT. Angkasa Pura I to

operate this project. .

SCOPE OF WORK :To built a concrete runway with length of 3600 m andwidth about 1300 meter and other supporting facilitieswith capacity for 600 aircraft movement, and has to beable to accomodate the aircraft B-747-400 or simillar.

PROJECT PURPOSE : Improving service flight intensity from/ to Juanda Airport up to

25 flight/hour. To overcome the problem when one runway is damaged or

experiencing an emergency condition.

1. Existing Terminal Building, 2. Existing runway, 3. Old Terminal Building, 4. Independent Paralel Runway Planned, 5. Terminal Building III Developed

INVESTMENT COST :Estimation of land aquisition and soil improvement :USD. 342.1 MillionEstimation of runway construction :USD. 421.1 Million

LOCATION :Juanda Airport, Sidoarjo District

GENERAL DESCRIPTION :Juanda airport passenger growth at 15% every year, now reached11,6 million passengers per year. With the design capacity toaccommodate 6,5 million passengers per year, expansion ofJuanda airport terminal passengers needed to maintain the level ofservice.On the short term, re-utilization of the ex-passenger terminal on thesouthern area, separated by runway, should be the solution for thelack of space to accommodate over 4 miilion passenger per year.

INVESTMENT CONCEPT : Joint investment with PT. Angkasa Pura I to built this

project and its infrastructure; Joint management with PT. Angkasa Pura I to

operate this project.

SCOPE OF WORK :Expansion of the terminal passenger only, both fordomestic and international, with capacity of 4 millionpassengers per year.Estimation of passengers (national)2011 : +/- 27.000 passenger (actual)/day2029 : +/- 43.000 passenger (est) / day

Estimation of passengers (international)2011 : +/- 4.000 passenger (actual)/day2029 : +/- 7.000 passenger (est)/day

PROJECT PURPOSE :To improve level of comfort, security and safety for thepassengers, and also to increase capacity.

INVESTMENT COST :The construction of passangers terminal expansion estimatedUSD. 189.5 Million.

MARKET OPPORTUNITY :Domestic flight, international flight, and airlines hajj.

Density in the existing terminal passenger

New Terminal Design

LOCATION :Surabaya and Sidoarjo district

GENERAL DESCRIPTION :Supporting increasing demand of Juanda Airport and providerapid transportation for medium-high cluster community inSurabaya Sidoarjo area.

INVESTMENT CONCEPT :Shared ticket revenue agreement between the Investor asfunder and the Government.

SCOPE OF WORK :Construction of Electrified Elevated Double Track Train fromGubeng to Juanda Airport.With Specification:Capacity of 30.000 passagers/day

PROJECT PURPOSE : To give positive impact on the performance of highway that

has been experiencing congestion. To reduce congestion and provide better mass

transportation for the community

INVESTMENT COST :Cost for construction and land aquisition estimated around :USD 195 Million

MARKET OPPORTUNITY:Communities in Gresik, Bangkalan, Mojokerto, Surabaya,Sidoarjo, and Lamongan (GERBANG KERTASUSILA)regions.

LOCATION :Southern Part of Malang Regency

GENERAL DESCRIPTION :To encourage faster development of sea transportation in thesouthern part of East Java territory henceforth give directly orindirectly effect promote the growth of the area surrounded.

INVESTMENT CONCEPT :The investor role is to built and funding the portdevelopment and supporting facilities includingwarehouse and stock yard, to be rent in the future.

SCOPE OF WORK :To provide facilities and infrastructure ofSendang Biru port.

PROJECT PURPOSE : To provide alternative handling of container and general cargo for the area located surrounding Jalan Lintas Selatan (South Coast Road).

INVESTMENT COST :The construction cost of port development and warehouse / stockyard building is estimated around USD 27 million.

SUPPORTING FACILITIES :The development of South Coast Road from Pacitan to Banyuwangi.

MASSRAPIDTRANSPORTATION(MRT)

MONORAILandTRAMWAY

theSurabayagovernmentwillannouncetheInvestmentBiddingofMonorailandTramwaySystem(BeautyContestAuction)tothePublic.SothatherebywewouldliketoinformyouaswellasaskingyouforjoiningtheBid.Asyourinformation,herebywewouldlikeinformyouthetermandconditionasfollow:

PROJECT NAME : MASS RAPID TRANSPORTATIONMONORAIL AND TRAMWAY PROJECT INVESTMENT AMOUNT : MONORAIL = Rp. 8.505.801575.302,00 TRAMWAY = Rp. 1.260.218.638.027,00 BEAUTY CONTEST AUCTION : EARLY 2014 SCOPE OF BID : INVESTMENT BID RANGE : EAST TO WEST TRACK (26,21 KM) NORTH TO SOUTH TRACK (18,18 KM)

MONORAILandTRAMWAYMONORAILandTRAMWAY