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Article: GOVT TO HELP MEDIATE IN ADHI KARYA'S DISPUTE IN QATAR.
- Article from:
- ANT - LKBN ANTARA (Indonesia)
- Article date:
- October 5, 2009
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Jakarta, Oct 5 (ANTARA): State Enterprises Minister Sofyan Djalil said the government would help PT Adhi Karya Tbk settle its problem over the Shangrila project in Qatar by sending a mediator. "We will settle the dispute between PT Adhi Karya and its contractor from the Middle East, Al Habtoor Engineering LLC," he said here on Monday. He said the problem was a common business dispute, starting at the end of 2008 after Al Habtoor Engineering did not pay Adhi Karya resulting with reduction in job implementation. Al Habtoor even reminded Adhi Karya to increase its work. In February 2009 Al Habtoor disbursed performance bonds worth US$7.6 million and conducted termination ...