Security in Freport Indonesia mining area - ptfi.co.id

Jimmy Ijie Urges Government to Nationalize Assets of PT Freeport

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Security in Freport Indonesia mining area - ptfi.co.id
Security in Freport Indonesia mining area – ptfi.co.id

Jayapura, Jubi – PT Freeport Indonesia wants its work contract with the Indonesian government extended from 2021 to 2041, but a local politician suggested that Jakarta nationalize the company.

Freeport has said it planned an investment of 16.9 billion US dollars for the continuation of the company’s operations until later in 2041. The details, as many as 9.8 billion US dollars of investment in the period 2012 to 2021 and as much as 7.1 billion US dollars in investment from 2021 to 2041.

It said that the investment is to set up underground mining activities which have been started since 2008. He admits the future of Freeport Indonesia is indeed rely on underground mining.

In response, the PDI-P politician, Jimmy Deminaus Ijie to Jubi, last week in Jayapura stated that PT Freeport Indonesia does not provide a significant impact for Indonesia especially Papuan people as the owners of natural resources.

Moreover, there is the idea of ​​nationalizing the assets of PT Freeport by the Indonesian government. According to him, the Indonesian nation is greater than Venezuela or countries in Latin America that were able to nationalize the assets and questioned why Indonesia cannot do the same thing.

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He stated Freeport actually could contribute to Papua special autonomy in order to fund other sectors. (Roy Ratumakin/Tina)

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