Papua province Must Dare Take Shares of PT Freeport

Location mineral processing plant PT Freeport in Tembagapura. (Jubi / ist)

@dailypapua,  -, -Faculty of Law John Krey said to have a stake in PT Freeport Indonesia,  Papua provincial government should be bold and do not be afraid because ownership is controlled by private companies.

"I think if you want to own shares do not hesitate and fear because of the opportunities there must be just that ownership is a private company," said John Krey the Jubi in Jayapura, Wednesday (17/12).

He added a fair share ownership should not only government that has a fixed stock of private enterprise alone.

"It's good that the private company that owns shares of PT Freeport," Krey said that writing a master thesis at the Faculty of Law, entitled "Status of contract law PT Freeport Indonesia in Indonesian legal system and its influence on the investment and development in Papua.

Previously been in iterbitkannya Government Regulation (PP) No. 77 Year 2014 on the Third Amendment to the Regulation No. 23 of 2010 on the implementation of the Business Activities of Mineral and Coal, pushing the government through the Ministry of Energy and Mineral Resources (MEMR) to take over 30 percent of the shares of PT. Freeport Indonesia (PTFI).

The rules issued secretly by Susilo Bambang Yudhoyono, a week before releasing the presidency. SBY sign PP 77/2014 on October 14, 2014, which requires all foreign and coal mining company to release its assets or divestiture.

"We are ready. Although not able to copy the end of regulation of the divestment was published as well, "said Director General of Mineral and Coal Mining (Mining) Ministry of Energy and Mineral Resources, R. Sukhyar told reporters in Jakarta, last November. (Domingoes Mampioper / www.tabloidjubi.com)