Singapore company begins IP building project

IPCO International Ltd has started to roll out Internet Protocol (IP) infrastructure project plans for the region in line with its move into the new economy businesses.

To kick off the plan, the Company has selected Cisco Systems, the worldwide leader in networking for the Internet, as its technology provider for the first of a series of infrastructure projects.

Through an Indonesian company, P.T. Prestasi Cipta Pertiwi (Prestasi), Ipco will build Indonesia’s first intelligent IP network, scheduled for completion in the fourth quarter of this year, using Cisco’s solution.

Ipco is a main-board listed company of the Singapore Exchange who has recently announced its intention to restructure the Company focusing on three main businesses: telecommunications, e-business and technology, and to rename the Company “NueViz Limited” (pending shareholders’ approval).

The new IP network, marketed as NueViz-Network, will be built using Cisco’s Multiprotocol Label Switching (MPLS) technology, which is capable of prioritizing and delivering mission-critical applications at guaranteed bandwidths and speeds of up to 100 times faster than conventional networks in Indonesia.

NueViz-Network, which will serve the more than 50 selected commercial buildings in Jakarta’s central business district, is expected to cover most cities in Indonesia by the end of 2003.

“NueViz-Network’s highly integrated services will significantly reduce our corporate customers’ investments in communications infrastructure. The entire solution will be delivered at a very cost effective price level, which is significantly lower than what is being offered in Indonesia today,” said Yeo Siah Meng, CEO of Ipco.