About Cycling

A graduate of the University of Western Australia, Harun Halim Rasip is the leader of P.T. Tanah Laut Tbk, based in Jakarta, Indonesia. His work experience includes time in the real estate, manufacturing, and oil and gas sectors. Outside of his professional life, Harun Halim Rasip enjoys staying active by swimming and cycling.

Cycling can be an exhilarating, physically rewarding activity, but riders should make sure to find a bike of the right size before starting and an expert fitting by a bike shop is invaluable.

The Top Attractions for Travelers in Jakarta

Harun Halim Rasip serves as director president of P.T. Tanah Laut Tbk in Jakarta, Indonesia and his work requires international travel on a frequent basis.

Jakarta remains a popular destination for travelers from around the world. Visitors to the city can experience many of its unique attractions.

The city boasts a number of exciting museums, including Museum Sejarah Jakart and Museum Wayang. The former, a history museum, is housed in Batavia, the old town hall built in 1627 that served as an administrative and judicial center. Museum Wayang has the largest collection of puppets in Java. Visitors to Museum Wayang find puppet characters from both Indonesia and other countries throughout Asia and Europe.

Individuals interested in religious sites should visit Jin de Yuan, a massive Chinese Buddhist temple compound. Constructed in 1755, the temple is one of the most popular ones in the city.

Shoppers will want to spend time at Menteng, the famous flea market in Jakarta. Vendors offer everything from jewelry and antiques to old vinyl records and wood carvings. For a taste of culture, travelers can go to Taman Mini Indonesia Indah, an interesting park with full-scale models of traditional houses from all Indonesian provinces.

A Primer on BOT and BOOT Contracts

Maritime infrastructure developer Harun Halim Rasip leads or participates in various port and terminal construction projects as president director of PT Tanah Laut Tbk, a public company in Indonesia. Involved in Tanah Laut for many years, Harun Halim Rasip assumed his present role in the company in 2007. A graduate of the University of Western Australia who studied accounting, Harun Rasip structures build-operate-transfer (BOT) and build-own-operate-transfer (BOOT) contracts with public entities, including the Malaysian government entities.

BOT and BOOT are common public-private and private-private party agreements recognized within certain areas of the world in which one private entity receives a contractual concession from the public (or other private) organization to finance, develop, and operate a facility or facilities. The two agreements differ in ownership, however.

With BOT contracts, the private-sector enterprise builds the project (often an infrastructure initiative) and operates the completed facility for a pre-determined time before handing over control to the other party. Oftentimes, the public (or other private) agency promises to purchase a pre-determined amount of the project output, thus ensuring that the development firm recoups some or all of its investment.

BOOT contract structures differ in that the private entity maintains ownership of the project during development and may charge tariffs to recoup its investment. When the contract ends, the company hands ownership over to the other party.