Indonesia's president plane to buy 5.8 billion from the Boeing Company

Indonesia will soon have a presidential jet valued at 58 million U.S. dollars following negotiation with the United States aircraft maker Boeing, the country's largest news portal detikcom quoted an official as saying on Wednesday.

"We have managed to negotiate the price to 58 million dollars from 62 million dollars," said Minister for State Secretary Sudi Silalahi in a parliamentary hearing.

According to Silalahi, he already wrote to Finance Minister Agus Martowardojo about the purchase plan of Boeing Business Jet 2.

"He signed his agreement on Dec. 27, 2010," he said.

Following the price agreement, the jet will be assembled by 2012 and it is expected to be completed in 2013.

"A technical team is preparing the interior design," he said.

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