If you would be interested in an interview with Ladi Delano, Chief Executive Officer of Bakrie Delano Africa, please do let me know.
Best,
Victoria
Former President of Nigeria, Olesogun Obasanjo, arrives in Jakarta to forge closer cooperation between Indonesia and Nigeria
Jakarta, 28 May 2012 - Former President of the Federal Republic of Nigeria, Olesogun Obasanjo, arrived yesterday in Jakarta for a two day visit intended to facilitate closer cooperation between the political and business communities of Indonesia and Nigeria.


Mr.

Obasanjo visits in his capacity as a special business and investment envoy for the Nigerian government.

The first engagement on his itinerary will be a breakfast meeting with Aburizal Bakrie, Chairman of the conservative Golkar Party.

Subsequently, a delegation of Indonesias leading businessmen will accompany Mr.

Obasanjo to state of the art manufacturing facilities in Java.


>From there, Mr.

Obasanjo will take part in a site visit to plantations acreage in the Sumatera area followed by a with mining operators to be held at the Kaltim Prima coal mining site in Sangata, East Kalimantan.
Mr.

Obasanjos visit to Indonesia follows a similar visit to Nigeria in December 2011 by a group of Indonesian businessmen led by Indra Bakrie from the Bakrie Group as well as a selection of former Indonesian statesmen.
Ladi Delano, Chief Executive Officer of Bakrie Delano Africa, the investment platform of the Bakrie Group in Nigeria, and who has played a core role in arranging Mr.

Obasanjos visit, commented:
"The two countries are ideal partners in several different ways. Economically, Nigeria is where Indonesia was 25 years ago and because of this Nigeria can learn a lot from Indonesia.

The backbone of Indonesias growth over this time has been strong levels of domestic consumption, which has created many jobs, and the responsible management of foreign direct investment via its Ministry of Trade.

Nigerias creation last year of its own Ministry of Trade and Investment is evidence that it is already heading on the right track.
"My desire is for a strong, strategic partnership to be formed between the business and political communities of both countries, with the Bakrie Group playing a central role in this collaboration and this visit being the platform for even deeper ties."
Akin to Indonesias status in Asia, Nigeria is one of the largest, richest and most advanced economies in the African continent and has the potential for high levels of domestic growth, despite the fragilities of the wider world economy.
As well as citing Nigerias potential to follow Indonesias path of industrialisation and domestic job creation over the last 25 years, Mr. Delano recalled the historic Asia-Africa Conference held in Bandung, West Java in 1955 as symbolic of Indonesia as host to, and business partner of, a leading African nation.
"Indonesia was the place where Asia and Africa once shared the oath to balance the worlds struggle with spirit of independence, cooperation, as well as economic and social development.

I hope this is history repeating itself.

Not only can the two nations cooperation be significantly mutually beneficial, it can act as an inspiration for other Asian and African countries to follow suit."

Contact:
Pelham Bell Pottinger (PR to Bakrie Delano Africa) Nick Lambert / Victoria Geoghegan +44 20 7861 3232
Notes to Editors
About Bakrie Delano Africa
* Bakrie Delano Africa ("BDA") is the investment partner of the Bakrie Group in Nigeria
* BDA has been created to facilitate the expansion of one of South East Asias largest conglomerates, in Africa.


* The Bakrie Group has made $1 billion of funds available for investments in Nigeria over the next five years, with BDA acting as the vehicle responsible for identifying and executing all investments
* BDAs priority sectors of investment, in Nigeria, are: o Mining: Coal/Iron ore/Gold o Agriculture: Oil Palm and Rubber o Oil & Gas: Upstream and Downstream
* The three priority sectors have been identified as having excellent growth prospects as well as being highly complementary to the Bakrie Groups technical skills; a track record established over the last 70 years
Victoria Geoghegan Director Direct line: +44(0)20 7861 3925 Mobile: +44 (0)7917 551 155 Pelham Bell Pottinger 6th Floor, Holborn Gate, 330 High Holborn, London, WC1V 7QD Tel: +44 (0)20 7861 3232 Fax: +44 (0)20 7861 3233 www.pelhambellpottinger.co.uk
.......................................

A CarbonNeutral(r) company
-------------------------------------------------------------------------------- CONFIDENTIALITY NOTICE AND LEGAL LIABILITY WAIVER: The content of this email and any attachments are CONFIDENTIAL and may contain privileged information.

If you are not the addressee it may be UNLAWFUL for you to read, copy, distribute, disclose or otherwise use the information contained herein.

The content of the message and or attachments may not reflect the view and opinions of the originating company or any party it is representing.

If you are NOT the intended recipient then please email back to ------------------------------------------------------------------------------------