Indonesia News EMBASSY OF THE REPUBLIC OF INDONESIA IN ANKARA, TURKEY Volume XI – May 2008

INDOPLAS will host some 110 exhibiting companies. The four-day show is expected to attract more than 25,000 trade and professional visitors from the industry. The exhibiting companies will showcase a wide range of machinery, products and services which are useful for the plastic and packaging industries.

Profile of exhibits: Additives, Adhesive and glues, Coating compounds, Auxiliary/Ancillary equipment, Extruders and extrusion line, Fillers, Foam, reactive resins or reinforced plastics, Foams and intermediates, Injection and blow moulding, Logistics and supply chain management technology, Measuring, control and test equipment, Moulds and dies, Parts and components, Post processing, Preprocessing, recycling, Presses, Raw materials, Reinforcing fibers and materials, Rubber and synthetic fibers, Semi-finished products and technical parts, Starting materials and intermediates, Thermoplastics and thermoplastic elastomers, Thermosets, Welding

In conjunction with:

INDOPACK offers exclusive access to the packaging industry in Indonesia and Southeast Asia Profile of Exhibits: Casings, Coding and marking equipment, Cosmetics packaging equipment, Environmental technological-packaging recycling, Food and beverage packaging, e.g. bottled water, General packing-housing equipment, Labeling equipment, Logistics Storage technology for the packaging industry, Machinery and equipment for the manufacture of packaging, Package design and creation, Packaging machinery and equipment, Packaging materials, packaging means, packaging aids, Pharmaceutical packaging equipment, Services for the packaging industry, Tools and equipment to assist manual packaging

In conjunction with:

INDOPRINT, will be the venue where manufacturers, distributors, suppliers and business leaders in the printing industry will find a ready market. INDOPRINT will host abundant exhibiting companies. Profile of Exhibits: Advertising services, Animation, Bookbinding equipment, Computer technologies, Converting, Electronic and database publishing, Labeling and smart labelling, Package production technology, Paper converting equipment, Post-press and print finishing, Pre-press and pre-media equipment and software, Printing consumables, Printing machinery and equipment, Services for printing industry, Information Technology & Networking In conjunction with:

INDOFOODTEC will demonstrate the latest technologies in food processing and food packaging equipment. For further information, please visit: www.indoplas.com

INDONESIAN REGIONAL INVESTMENT FORUM Reaching for the tipping point: Emerging Indonesia 2008

Monday – Tuesday, 26 - 27 May 2008 The Ritz Carlton Jakarta, Pacific Place

With a population of 230 million and composed of a remarkable archipelago of 17,000 islands stretching across the equator, Indonesia is one of the most diverse countries in the world with over 200 ethnic groups and some 250 languages. Political reform has created the world’s third largest democracy, with the election of President Susilo Bambang Yudhoyono in November 2004 in the country’s first direct vote for its leadership. At the same time devolution of authority to the regions has brought far greater control of economic decision-making to leaders on the ground, also directly elected on platforms of direct relevance to their electorates. The Indonesian economy is back on track, heading for 6.3% growth this year and higher in 2008, with investment back at pre-economic crisis levels. The recovery represents the results of nearly a decade of hard work by successive governments to reduce debt and implement reforms across the range of economic activities. Tough decisions have been made, reducing fuel subsidies to reduce budgetary pressures, and with inflation stabilized as a result of sound macroeconomic policies, while reforms to tax, customs and other areas of administration have created better conditions for business. An anti-corruption campaign has stemmed what had become an endemic problem, while political and social stability has returned. In some areas of Indonesia, growth is far higher than the national average, fueled by high commodity prices in both the agriculture, mining and oil and gas sectors. A number of international surveys predict that Indonesia over the next 40 years will develop into one of the world’s strongest economies. Based partly on demographic trends in which current developed nations will decline as their populations age, and developing nations including Indonesia will take their place on the economic ladder, the surveys also recognize Indonesia’s strong natural resource endowment. Indonesia has a particularly strong position in global energy supplies. Until recently the world’s largest exporter of liquefied natural gas (LNG), the country has also become the world’s largest producer and exporter of thermal coal. Reserves of oil are reducing, but new fields promise to boost resources, while currently known LNG resources are adequate for at least 60 years and coal reserves for more than 100. The government is currently reshaping national energy policy to use more of its resources at home to boost the growth of industry, with a system of pipelines being constructed to feed gas to major industrial areas. The emerging picture suggests a strong future for Indonesia. Poised to become one of the world’s leading emerging economies, Indonesia is increasingly a preferred market for the global investment community. The Indonesian Regional Investment Forum is the leading forum for investment in Indonesia. Investors can meet directly with the Indonesian leadership and discuss projects for investment from a wide range of industry sectors including mining & energy, oil & gas, agribusiness and tourism. Learn how the Indonesian government is improving the country’s investment climate and see major projects and companies that are open and ready for investment. Indonesia’s top policy and decision-makers will explain how to invest in telecommunications, energy, biofuels and other high-growth sectors. Governors, regents, city mayors and business leaders from all over Indonesia will attend the forum and present the ready-for-investment projects in their provinces and cities.

Poised to become one of the world’s leading emerging economies, Indonesia is increasingly a preferred market for the global investment community. The Indonesian Regional Investment Forum is the leading forum for investment in Indonesia. Investors can meet directly with the Indonesian leadership and discuss projects for investment from a wide range of industry sectors including mining & energy, oil & gas, agribusiness and tourism. Learn how the Indonesian government is improving the country’s investment climate and see major projects and companies that are open and ready for investment. Indonesia’s top policy and decision-makers will explain how to invest in telecommunications, energy, biofuels and other high-growth sectors. Governors, regents, city mayors and business leaders from all over Indonesia will attend the forum and present the ready-for-investment projects in their provinces and cities. With a huge fertile productive land growing in countries such as China and area and the easy availability of cheap India for the commodity in the food labor, Indonesia has historically been processing industry. At the same time, the an agriculture-centric country. At the international enthusiasm for biofuels is same time, land prices in other increasing as the prices of non-renewable countries in the region - such as sources of energy like crude oil rise Malaysia, Thailand and Vietnam - are inexorably higher. getting more expensive, meaning that Recently, the strong returns from CPO the utilization of land in those have led to a flood of investment, with new countries for plantations is often no commitments virtually every week. longer viable. Among the latest are plans by Malaysia’s Indonesia is well placed to capitalize TDM Bhd to spend $34.6 million on a joint on the recent boom in soft venture to develop palm plantations, commodities. The biggest export while another Malaysian firm, Multi Vest commodity for Indonesia is CPO. Resources Bhd plans to issue asset Indeed, Indonesia is now the largest secured notes with a face value of up to producer of CPO in the world. Rp350 billion to fund land clearing. Indonesia took over the number one Domestic investment is also rising with position from Malaysia in 2006 and is existing players adding to their plantations AGRIBUSINESS, set to achieve new heights in and new companies entering the sector. PLANTATIONS & BIOFUEL To finance the investments companies production - especially with demand have turned to banks, which lent significantly to companies in the plantations sector, and also to the capital markets with IPOs coming soon. In the rubber sector, Indonesia has long been a leading producer of rubber and is expected to soon overtake Malaysia as the world’s largest producer. However, in the past few years, rubber plantations have lost their attractiveness and much of the land has been converted into CPO plantations. Yet with the recent commodity boom, rubber plantations are again in the spotlight. Indonesia is the world’s third largest producer of cocoa and we have seen some major commitments to create added value in this industry, where an Indonesian firm backed by European interests is planning to spend as much as $600 million on a processing venture. Other major investments have been detected in the sugar industry with a number of investors in both the state-owned and private sector emerging with plans for new refineries to boost efficiency in the industry. In the most recent development in the sugar industry, Singapore’s Olam International purchased PT Dharmapala Usaha Sukses for $12.6 million and committed itself to investing a further $12 million to upgrade refinery capacity. Horticulture is also attracting attention, with an unnamed Dutch multinational seeking to invest in the seedling industry for vegetable and fruit crops, according to Agriculture Department officials. Finally, with the advent of the new global enthusiasm for biofuels, in which investments of some $5 billion are planned, many areas of the country are considered prospective for plantation crops, providing opportunities in many areas of Indonesia. Other than CPO, the jatropha plant, for instance, an important feedstock for biofuels, is ideally suited for cultivation in the drier areas of the country such as West and East Nusa Tenggara, which up to now have lagged behind other areas of Indonesia in terms of development. Despite the improving economy in recent years, Indonesia needs to make substantial investments in its crumbling infrastructure if it is to raise economic growth rates to even higher levels in the years to come. In this regard, the Indonesian government has said that around some US$140150 billion would be needed to fund infrastructure such as roads, ports and airports in the next three years alone. Such a huge sum of money will not be easy to find, however, and this explains why the government is actively seeking foreign investor participation in infrastructure projects. All in all, the government hopes that foreign investors will be able to come

INFRASTRUCTURE

up with around 90 percent of the funds with the remaining 10 percent provided by the Indonesian government itself. Thus far, it is true to say that infrastructure investment has lagged far behind. Yet there have been some encouraging signs in recent months that the government is taking more serious efforts to addressing the problems faced by investors. Land clearance is one area, for example, where the government has made progress, since it has now introduced a better mechanism to deal with land acquisition issues, supported by a transparent process for pricing. Moreover, the government has also provided revolving funds for land

acquisition together with a policy on land capping. The result is lower investment risk and greater certainty in regard to the return on investment. To illustrate the success of these policies, state owned toll road operator Jasa Marga has now embarked on the 11km long Bogor Ring Road (BORR), the country’s first new toll road project since the devastating financial crisis broke out in 1997. The government is also working hard to end monopolies. The nation’s huge telecommunications industry is the most obvious example of a state monopoly that has been transformed into a highly competitive industry with many market players. Now the government has moved to end the monopoly enjoyed by the state-owned port operator Pelindo. Under the new law, the role of regulator shall be separated from operator and companies shall be allowed to build and operate ports in Indonesia. This should lead to greater efficiency and increased investment in infrastructure that shall, in turn, hopefully give a boost to exports. Meanwhile, there are also concerns over the sustainability of electricity supply in some parts of the country. As such, state owned electricity company PLN has expressed plans to build an additional 10,000MW of coal-fired power plants across Indonesia in 2009-10 given the strategic importance of the projects. This should help prevent the occurrence of blackouts. In addition, Independent Power Producers (IPP’s) have also voiced plans to develop another 10,000MW of power projects. In a bid to encourage investment in infrastructure, the government is promoting projects in China, given that this country has already expressed a strong willingness to invest in a number of sectors, and the Middle East, another region Sharia-compliant debts (sukouk) on either the from which Indonesia hopes to international or domestic markets. This should attract more investment. help the government to draw funds from Middle Recently, Indonesian East investors to develop costly infrastructure lawmakers passed a bill to projects. allow the government to sell Indonesia boasts a wealth of mineral resources, while its energy reserves promise to catapult it to a far more important position in the global economic order in the near future. Several world class mines operate in Indonesia. They are regulated under the contract of work system. A new mining law currently being debated in the House of Representatives is expected to maintain the contract of work system for major projects, while smaller ones will be subject to a licensing process that will be controlled by regional governments. Performance wise, these companies have done extremely well in the recent past due to the surging prices of metals on international markets. As a result, these companies have hatched expansion plans in a bid to improve efficiency and increase production. Exports of the metals nickel and copper accounted for around 5.8% of Indonesia’s total non-oil and gas exports in 2007, while exports of coal accounted for around 7.2% of the total non-oil and gas exports. PT Freeport Indonesia operates gold and copper mines at Tembagapura in Papua and there is another major gold MINING & ENERGY and copper mine operated by Newmont Corp. in Sumbawa in West Nusa Tenggara. Nickel is another important mineral resource.There is a major mine operated by PT International Nickel (Inco) at Soroako in South Sulawesi. In the same province, Rio Tinto has plans for a new project. Elsewhere, state-owned PT Aneka Tambang is planning a nickel laterite mine at Halmahera in North Maluku in a joint venture with BHP Billiton, while Aneka Tambang is looking to develop a bauxite deposit at Kayan in West Kalimantan in partnership with a Russian firm. Indonesia is the second largest producer of tin after China, but is the world’s largest exporter of the metal which is used extensively in the electronics industry. As such, developments in Indonesia have a major impact in influencing tin prices on the international markets. Two companies, PT Timah and PT Koba Tin, dominate the production of tin from the islands of Bangka and Belitung. While metals are an important component of Indonesia’s mining industry, coal mining has come from virtually nowhere over a space of a mere 15

years to make Indonesia the world’s largest producer of thermal coal. Coal output is predicted to rise to 205 million tons this year from 193 million tons last year, with higher prices in an energy-conscious world boosting returns for producers. It is no wonder that most coal players are attempting to increase production. To finance their expansion plans companies have either turned to the banks or the capital market. Last year, the coal-mining firm, PT Indo Tambang Raya, listed on the stock exchange. Looking ahead, several more new listings are in the pipeline this year. Geothermal power is another source of energy that is currently being developed. Indonesia possesses some 40% of the world’s resource, and rising energy prices are increasing the feasibility of geothermal projects. Indonesia became a net importer of petroleum during 2006 as many of its fields aged, but new fields are being developed which will restore the country’s image as a major oil producer. Note that Indonesia is Asia’s only member of the Organization of Oil Exporting Countries (OPEC). The Oyong field went into production recently, allowing operator BP Plc to ship its first cargo of 200,000 barrels from the field early in October. More important is the Cepu block on the border of East Java and Central Java. Pertamina, a shareholder in the block with operator ExxonMobil, said recently that it had raised its estimates of the reserves at the main Banyu Urip field to 350 million barrels, up from earlier estimates of 250 million barrels. The whole Cepu block includes seven other fields which together with Banyu Urip are estimated by the government to have potential total reserves of 600 million barrels. The $2.6 billion project, together with other fields including a new OIL & GAS Pertamina operation at Bekasi on the outskirts of Jakarta, provides confidence that Indonesia will once again become a significant contributor to global oil supplies.At the same time, Indonesia is working on boosting its refinery capacity. This includes plans for a new refinery at Anyer in the Banten province in association with Iranian interests. Liquefied Natural Gas (LNG) is of even greater importance in Indonesia’s long-term energy suit. Although the country had been the world’s largest exporter of LNG, it now trails behind Qatar since a number of fields - including the Arun gas field in Aceh – have begun to run out of supplies. While some fields are being phased out, others are being developed. The largest is the Tangguh field in Papua, where BP Plc. heads a consortium that expects to start production at the end of 2008. Tangguh, a $5 billion project, will have an initial production capacity of 7.6 million metric tons of LNG a year. At the same time, Indonesia has told traditional buyers of its LNG that it will no longer be able to supply large quantities of the fuel after 2010, when increasing amounts will be dedicated to the domestic market to supply energy for manufacturing activities. As part of the plans to accelerate industrial development, five pipelines are to be built in Java, the country’s major industrial area, while a $1.2 billion pipeline is already planned to ship gas from East Kalimantan to Semarang in Central Java. For investors seeking exposure to the oil and gas industry in Indonesia, there are a number of companies listed on the Indonesian Stock Exchange. Medco is a large oil producer, Apexindo constructs oil rigs, while Perusahan Gas Negara is a state owned company which is building pipelines to distribute gas to industrial customers in Indonesia. The relatively low interest rates and the rapid growth in mortgage lending. In availability of more innovative mortgage addition to residential property, the products have helped give a big boost to Central Business District (CBD) in activities in the property sector. At the Jakarta has excellent prospects. Note same time, of course, the national that property in the CBD is still valued at economy has also picked up its growth about 50% of its pre-crisis level in US pace resulting in stronger consumer dollar terms. It is also cheap compared to purchasing power. As a result, the housing the properties in the key business sector is set to record strong growth in districts of its regional peers. While 2008. Indeed, the strong demand for evidence of a building boom in TOURISM & PROPERTY housing is already being reflected in the apartments and office construction is evident in Jakarta, other regional cities such as Surabaya, Medan and Bandung are also experiencing a property renascence. Currently, Indonesian law does not allow foreigners to buy property, leaving investments in the sector only possible through share purchases in listed property firms. In one recent purchase, Kuwait Investments Pte Ltd bought a 15% share in PT Perdana Gapuraprima at its IPO in early October. The Kuwait investment vehicle paid $16.5 million for the stake, with officials of the property company stating that the Kuwait firm was interested in increasing its shareholding. Perdana Gapuraprima is just one of a number of major property companies, in a sector led by PT Lippo Karawaci, PT Ciputra Development, PT Total Bangun Persada and PT Duta Pertiwi. All are listed companies. In tourism, Indonesia has a remarkable wealth of destinations, led by the island of Bali, which consistently continues to win awards from leading industry publications. Other tourist destinations include Lombok in West Nusa Tenggara, Yogyakarta and Solo in Central Java, Lake Toba in North Sumatra, Tanah Toraja in South Sulawesi and the Bunaken marine park in North Sulawesi. Bintan Island in the Riau Islands province serves as a convenient resort destination for visitors from Singapore. Such destinations are becoming increasingly popular with foreign tourists, while, at the same time, domestic tourists are also becoming an important part of the high-end industry. In 2007, the number of foreign tourist arrivals to Indonesia rose 13.02% year-on-year to 5.51 million. Notably, tourist arrivals at Indonesia’s most popular tourist destination, Bali, are continuing to show signs of strong recovery. The number of foreign tourist arrivals to Bali rose by a healthy 31.96% in the year to 1,666,079. In addition to its well-established tourist destinations, Indonesia possesses a wealth of other attractions that are ripe for development. These range from eco-tourism projects in dramatic, forested ecosystems such as West Sumatra and Kalimantan to marine tourism in any number of pristine areas of the country. The natural friendliness of the people and a tradition of respect for visitors make any of Indonesia’s provinces fertile ground for the development of tourism and many already have good communication links in place awaiting for well-planned developments.

Development of Cultivation Green Mussel Tea Industry

Banten Province West java Province

SEEKING INESTMENT US$ 142.000 US$ 1.500.000

Quinine Plantation in Koleberes Cianjur Regency

West Java Province

US$ 8.830.000

Seaweed Processing & Cattle Breeding Project Plantation of Jatropha Curcas & Cattle Breeding Project Prawn Fishpond & Seaweed

Banggai Regency Sumbawa Regency

US$ 156.000 US$ 33.500.000

Brebes Regency Kerinci Regency

US$ 2.400.000 US$ 2.128.000

Kerinci Regency

US$ 1.064.000

PROJECT

Potato Processing Industry Fresh Water Fish Canning & Cold Storage

REGION

Banten Province

SEEKING INESTMENT US$ 784.000.000

Banten Province Yogyakarta Province Yogyakarta Province East java Province Berau Regency

US$ 319.000.000 US$ 14.280.000 US$ 360.000.000 US$ 32.600.000 US$ 21.300.000

Development of Hospital Tanjung Redep Development of Clean Water Infrastructure and Sanitation Development of Continuing Airport Bubung

Berau Regency Kerinci Regency Banggai Regency

US$ 28.800.000 US$ 10.000.000 US$ 33.650.000

Procurement of Transportation – Fast Boat

Banggai Regency

US$ 1.721.000

Development of Clean Water System Clean water System in Port & Industrial Area

Bau Bau Regency Kendal Regency

US$ 10.740.000 US$ 33.500.000

PROJECT Development of International Airport in Bojonegara Development of Karjan Dam Hospital in Pantura Greater Yogya Water Supply Waste Processing & Drainage System Seaport

REGION

PROJECT Tea Plantation and Green Tea Processing Vetiver Fragrant Oil Production in Garut Regency Development of Integrated Farming & Agribusiness in Tuba Regency Development of Cocoa Industry Development of Central Industry of Seaweed & Gelatine Processing Integrated Karangpucung Sheep Ranch Cinnamon Processing & Warehousing Industrial Area

REGION West Java Province West Java Province

SEEKING INVESTMENT US$ 22.000.000 US$ 18.700.000

Tulang Bawang Regency

US$ 8.830.000

Banggai Regency Bau Bau Regency

US$ 170.000

Cilacap Regency Kerinci Regency

US$ 1.400.000 US$ 3.192.000

US$ 16.000.000

Development of Toll Road Cilegon-Bojonegara

Banten Province

SEEKING INVESTMENT US$ 212.000.000

Development of Balaraja Agribusiness Terminal Development of Toll Road Yogya-Bawen Lamong Bay International Container Terminal Development of New Toll Road Pekanbaru-Dumai Development of Road Tembudan (Lenggo) Teluk Sulaiman Seaport Muara Saba

Banten Province Yogyakarta Province East Java Province Riau Province Berau Regency

US$ 4.370.000 US$ 127.000.000 US$ 268.600.000 US$ 528.700.000 US$ 25.600.000

Jambi Province Kerinci Regency Banggai Regency

US$ 81.220.000 US$ 18.000.000 US$ 755.000

Banggai Regency

US$ 13.416.000

Kendal Regency Brebes Regency

US$ 745.000.000 US$ 110.000.000

PROJECT

Development of Integrated Market Development of Continuing Seaport Tangkiang Upgrading Roadside Luwuk Batui, Batui-Rata & Luwuk-Pagimana Port & Industrial Area – Kaliwungu Cimohong Industrial Area

REGION

Development of Clean Water Service

Cilacap Regency

US$ 3.500.000

Terminal Agribusiness Dumai Development of Container Terminal

Dumai Regency Kutai Kartanegara

US$ 529.000.000 US$ 53.330.000

PROJECT Cisukarame Cisolok Geothermal Power Plant Steam Power Plant Lati Berau Development of Drinking Water & Mining Exploitation Project Development of Steam Power Plant Kolese

SEEKING INESTMENT US$ 2.300.000 US$ 13.000.0000 US$ 21.000.000

REGION West Java Province Berau Regency Tulang Bawang Regency Bau Bau Regency

US$ 22.400.000

SEEKING INESTMENT

Development of Railway Network System Pekanbaru – Dumai – Rantau Prapat Industrial Area Dumai

PROJECT

REGION

Kutai Kartanegara Regency

Banten Province West java Province Yogyakarta Province Tulang Bawang Regency Riau Province

US$ 16.180.000 US$ 400.000 US$ 25.000.000 US$ 10.000.000

Development of Jatiluhur Tourism Resort Merapi Volcano park

US$ 27.200.000

Development of Maci Beach Area

Sumbawa Regency

US$ 1.500.000

Development of Mara City Business Area Raman Dam Tourism

Bau Bau Regency Lampung Regency Cilacap Regency Kerinci Regency

US$ 16.000.000 US$ 50.000.000 US$ 5.000.000 US$ 14.900.000

Development of Hot Spring Water Uwedeka & Salodik Tour Area Development of Waramosiu Warehousing Area The Park of World Wonders Coastal Tourism of Radusanga Indah Development of Kampung Laut Maritim Tourism

Construction of The Sea World Integrated Tourism Area

US$ 224.000.000

Development of Water Power Plant

Development of Marina Tanjung Lesung Resort Agribusiness Based Tourism

Rumbai Lake – The Dream Land

Dumai Regency

West Java Province Jambi Province Sumbawa Regency

REGION

Development of Tourism & Culture

US$ 326.000.000

Tampomas Geothermal Power Plant Development of Steam Power Plant Limestone & Gold Mining

PROJECT

Water Park

Dumai Regency

PROJECT

Small Medium Industries Development (5 projects) Construction of Industrial Estate Tanjung Buton

REGION

SEEKING INVESTMENT US$ 14.300.000 US$ 20.900.000 US$ 25.000.000 US$ 320.260.000

SEEKING INVESTMENT

West Java Province Yogyakarta Province Yogyakarta Province Riau Province

US$ 840.000

Banggai Regency

US$ 140.000

Bau Bau Regency

US$ 16.200.000

Magelang Regency Brebes Regency Cilacap Regency

US$ 13.000.000 US$ 780.000

US$ 7.000.000 US$ 2.500.000 US$ 300.000.000

US$ 2.800.000

FOR FURTHER INFORMATION, PLEASE CONTACT:

IRIF '08 SECRETARIAT Contact Person: Rahelia or Devi Prasetya Address: 27th Floor, Menara Karya, Jl. H.R Rasuna Said, Kuningan, Jakarta 12950 INDONESIA Tel: +6221 5794 4738 Fax: +6221 5794 4739 Email: [email protected] [email protected]

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30 Bali Arts Festival

Bali is renowned for having maintained its traditional culture against the sweeping tides of the Bali calendar event modern world. In many parts of the Island, Life goes on as it has for centuries, with rhythms of ritual, creativity and culture still serving as a community compass, here the arts are woven into everyday, making Bali a World Center of music, dance and visual arts.

The Bali Arts Festival is a full month of daily performances, handicraft exhibitions and other related cultural and commercial activities during which literally the whole of Bali comes to the city to present its offerings of dance, music and beauty.

On display are trances from remote mountain slopes, forgotten or recently revived village dances, food and offering contests, classical palace dances, stars of Balinese stage, odd musical performances, "kreasi baru" (new creations) from the dance schools of Denpasar, as well as contemporary choreography and dance companies from other islands and from abroad.

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) 438-2190 Fax (90-312) 438-2193 Website www.indo-ank.org