Boskalis & Van Oord Jakarta win

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Boskalis & Van Oord Jakarta win

Boskalis and Van Oord are to construct an artificial island off the coast of Jakarta, Indonesia.

Royal Boskalis Westminster N.V. (Boskalis) and joint venture partner Van Oord have been awarded a contract by PT Muara Wisesa Samudra to design and construct the artificial island for the Dredging and Land Development Works for Pluit City off the coast of Jakarta, Indonesia.

The contract carries a value of approximately EUR 350 million (Boskalis share 50%). The project involves reclaiming approximately 160 hectares of new land requiring in excess of 20 million cubic meters of dredged sand.

Two jumbo trailing suction hopper dredgers will be deployed for the dredging and reclamation activities sourcing sand from local borrow areas. Soil improvement and rock revetment works also form part of the project.

Work will commence immediately and the project is expected to be completed in 2018. When constructed the new island will be used for both residential and commercial purposes. Boskalis’ strategy is aimed at benefitting from key macro-economic factors which drive worldwide demand in our markets: expansion of the global economy, increase in energy consumption, global population growth and the challenges that go hand in hand with climate change.

This land reclamation project is driven by the necessity to create land to accommodate population growth in a densely populated area.

Source: Offshore News

More info: http://tinyurl.com/nshc8ex

Moving Abroad Checklist

Initial Considerations

Will your partner be travelling with you?

If so, what will they be giving up in your present home and will they be able to continue with their career in your new home? You will need to check whether a separate visa is required for your partner to work or if your visa gives that right. If they are unable to work you will need to decide on the effect on your finances and what alternatives are available to give a fulfilling life (home business, training, voluntary work).

Are you taking family with you?

Moving with family raises many exciting opportunities, but also can create challenges. The HSBC Expat Explorer survey indicates that expat kids can take six months to settle in to their new country (see article). Getting young or even older children to prepare to move and leave their friends and family behind can be a challenge and should be thought through.

The options for education is another area that needs to be thought through.

Moving your child to a new country with a different education system can be a great opportunity to broaden their experience, but if they are close to key exams the timing can make this inadvisable. If you do take your family with you, it is important to decide between joining the local school system or choosing an international school.

Where will you be living?

Whether you will be living in a house or apartment, furnished or unfurnished, these decisions will affect what you need to take with you. The time you are planning to live overseas will also affect whether you should leave your property at home empty, rent it out or sell it. See the article Sell, Store or Ship.