1) Jayapura Offers `Tour The Youtefa`
TEMPO.CO, Jayapura - Jayapura City Department of Culture and Tourism (Disbudpar) offers travel package of "Tour The Youtefa" during the Humbold Bay Festival on August 3 to 7, 2016.
"In the Tour the Youtefa package, the committee will provide the tourists with speed boats to circumnavigate the Youtefa Bay at the cost of only Rp50,000 per person," Disbudpar Chief Bernard Fingkreuw said on Wednesday.
According to him, the new travel package is a pilot project which will be made permanent if it gains good respond from the public, as well as tourists.
"It is a pilot project, and if it is successful, we will encourage indigenous people at the Tobati and Enggros villages to make use of their speed boats to serve the visitors and tourists," he said.
As for the implementation of Humbold Bay Festival this year, he claimed that a lot of foreign tourists will come to Jayapura to witness the event.
"Some travel agents here reported that more than 30 foreign tourists have confirmed to arrive in Jayapura on August 6, 2016 for the festival," Fingkreuw noted.
He stated that the Humboldt Bay Festival will be organized in a bid to preserve Papuas unique and traditional arts.
Known as the land of "Cendrawasih," or bird of paradise, Papua is truly blessed with an abundance of natural resources and unparalleled traditional arts and culture that must be maintained.
The important aspect is that the festival should showcase the beauty of Humboldt Bay and feature various art and cultural activities and attractions," Fingkreuw remarked.
According to him, the city administration of Jayapura has assigned an event organizer to make preparations for the annual Humboldt Bay Festival.
He added that the event organizer was appointed to make the festival, which has been included in the national tourism calendar, more professional.
Further, he affirmed that the Humboldt Bay Festival in Jayapura will be supported by the Ministry of Tourism.
2) Papua’s oldest festival to lure foreign tourists in August
News Desk The Jakarta Post
3) Tangguh Refinery Gets Funding from 3 State Banks
TEMPO.CO, Jakarta - Three state-owned banks will help fund the Tangguh Train 3 LNG project in Bintuni Bay, West Papua. Bank Mandiri, Bank Negara Indonesia (BNI), and Bank Rakyat Indonesia (BRI) and a private non-bank firm Indonesia Infrastructure Finance are committed to provide a combined loan of US$100 million.
"This is the first LNG project that involves domestic financial institutions," Amien Sunaryadi, head of the Upstream Oil and Gas Business Special Task Force (SKK Migas) said in Jakarta, Wednesday, August 3.
Each bank will disburse US$25 million for the project's funding using a trustee borrowed scheme with the New York branch of HSBC acting as the trustee the Jakarta branch of HSBC acting as the domestic account. The loan has a 13-year term and the disbursement will be done in stages until 2020.
Tangguh Train 3 is a project that costs US$3.74 billion. The project will be financed using funds given by international funding institutions from China, Japan, Germany, South Korea, France, Singapore, and other multilateral institutions.
Once it operates, the LNG train is expected to supply 3.8 million tons per annum (mtpa). Tangguh Refinary's current production capacity is 7.6 mtpa.