|
|
Article: PMDN and PMA Projects approved in first and second weeks of August, 2003.(Investment)
- Article from:
- Indonesian Commercial Newsletter
- Article date:
- October 7, 2003
CopyrightCOPYRIGHT 2003 P.T. Data Consult, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
|
Domestic Investment (PMDN)
In the first and second weeks of August, 2003, the Capital Investment Coordinating Board (BKPM) issued license to 2 investment projects with the domestic investment facility (PMDN). The largest among the projects is that of PT Danau Mashitam with a planned investment of Rp 66.2 billion. The company plans to coal mining with produce 700,000 tons of coal. The project to built in North Bengkulu, Bengkulu It will provide jobs for 80 Indonesians.
The second largest project is that of PT Dunia Raya Kharisma, which plans to operate footware and accesories industry. The company plans to produce 390,000 pairs of sport shoes, 300,000 ...