Indonesia

Country Region
Company Profile

Standard Chartered is a leading international banking group, with more than 86,000 employees and an over 150-year history in some of the world’s most dynamic markets. We bank the people and companies driving investment, trade and the creation of wealth across Asia, Africa and the Middle East. Today we have a unique on-the-group presence across the Greater China region.

Corporate and Institutional Clients

Our cross-border network helps clients facilitate trade and finance across the fastest growing markets in today’s global economy. We serve clients via the Greater China Platform with our experience in the RMB business and our broad network across China, Hong Kong and Taiwan. We offer a full suite of products in areas such as Financial Markets, Transaction Banking, Research Islamic Banking and Corporate Finance.

Retail Clients

Spanning more than 30 countries our retail banking business serves over 9 million clients through almost 1,200 branches and 5,000 ATMs as well as award-winning digital channels such as Breeze. We offer internet banking in 32 markets, mobile banking in 19 markets and Breeze in 13 markets.

Commercial & Private Bank

Our footprint in the Greater China markets and key geographies across Asia, Africa and the Middle East ensures that we are well placed to support mid-sized firms as they continue to grow and internationalise. As the private bank for business owners our geographic footprint coincides with some of the fastest growing wealth pools in the world.

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Company Profile
Company Profile

Citi, a leading global bank, has approximately 200 million customer accounts and does business in more than 160 countries and jurisdictions. Citi provides consumers, corporations, governments and institutions with a broad range of financial products and services, including consumer banking and credit, corporate and investment banking, securities brokerage, transaction services, and wealth management.

Project Experience
South Asia
Power and Energy, Natural Resources (including oil and gas), Highways, Bridges and Tunnels, Rail and Mass Transit, Ports, Terminals and Airports, Logistics Parks/Centres, Water and Waste Management, Smart City, Telecommunications
Southeast Asia
Power and Energy, Natural Resources (including oil and gas), Highways, Bridges and Tunnels, Rail and Mass Transit, Ports, Terminals and Airports, Logistics Parks/Centres, Water and Waste Management, Smart City, Telecommunications
Chinese Mainland
Power and Energy, Natural Resources (including oil and gas), Highways, Bridges and Tunnels, Rail and Mass Transit, Ports, Terminals and Airports, Logistics Parks/Centres, Water and Waste Management, Smart City, Telecommunications
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Prosper Construction Holdings, a Hong Kong-based contractor that provides marine construction services, offers its expertise to both the private and public sectors in different parts of the world. Since its inception in 2001, the company, which operates in the name of its flagship company Hong Kong River Engineering Company, has completed various large-scale marine infrastructure projects in Hong Kong, Macau, Southeast Asia, the Middle East and Africa. Many of these projects are located in countries or regions along the Belt and Road route. 

One of the Belt and Road projects recently completed by Prosper Construction involves a cement production plant in Indonesia, which was put into operation in August 2016. Located in Manokwari, the capital of the province of Western Papua, the plant is funded by two Chinese enterprises, the State Development and Investment Corporation and Anhui Conch Cement Company. The joint venture between the state-owned investor and Anhui Conch Cement, a private enterprise that is China’s largest cement maker by market value, is a typical form of partnership for Belt and Road initiatives. 

The establishment of the cement plant is expected to help meet Indonesia’s surging demand for infrastructure projects. It is also set to help ease cement price pressure especially in Papua, the easternmost province of Indonesia bordered by West Papua. The long distance between Papua and the main cement-producing regions of Indonesia means cement prices in Papua are among the highest in the country.

With a price tag of US$300 million, the cement factory has an initial capacity of 1.5 million metric tons per annum. The project comprises various features, including production structures, lighting and power supply and communication facilities, and marine facilities. Prosper Construction was responsible for the marine infrastructure, which consists of several berth platforms, an approach bridge and a cargo terminal. The company’s Hong Kong team played an important role in winning the contract to build the marine infrastructure. Leveraging their industry knowledge, technical knowhow and network of contacts, the team members prepared the tender proposal and arranged for experienced consultants to design the plans of the infrastructure. 

In implementing the project, Prosper Construction faced different challenges, including the tight work schedule and harsh sea conditions. Nevertheless, the Hong Kong contractor managed to complete the project without a hitch, demonstrating the efficiency and resilience of a Hong Kong company with substantial experience in its trade.

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Global design firm Benoy delivered Indonesia’s first international-standard theatre, arts and culture centre, Ciputra Artpreneur in 2014. Developed by Ciputra Group, one of the leading developers in Indonesia, the project aims to promote and raise awareness for Indonesia’s artists and creative entrepreneurs. Located in the heart of Jakarta, the project comprises 14,000 square meters of performance and art facilities including a 1,200-seat theatre, flexible and permanent exhibition galleries, a museum and multifunctional rooms for artists and performers.

Benoy’s Hong Kong team was involved in the project as design consultant and interior designer, and worked closely with theatre consultant Philip Soden of Australia and engineering consultant Beca Carter of New Zealand. The Hong Kong team contributed to optimising acoustic and visual experience within the proscenium-style theatre, and designing the Main Gallery, which features interchanging walls to accommodate major exhibitions or a series of smaller shows simultaneously. Its adaptability has set an example for the city as to how to diversify development in the future.

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