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Article: PMDN and PMA projects approved in third and fourth weeks of April, 2004.(Investment)(Domestic Investment)(Foreign Investment)(Badan Pengawasan Pasar Modal (Indonesian investment coordinating board))(Illustration)
- Article from:
- Indonesian Commercial Newsletter
- Article date:
- June 29, 2004
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Domestic Investment (PMDN)
In the third and fourth weeks of April, 2004, BKPM issued licenses to at least six PMDN projects. The largest among the projects is that of PT Intiguna Primatama with a planned investment of Rp 1.08 trillion. The new company will operate non metal products recycling industry with an annual capacity to produce 150,000 ton of slush fibre. The project to be built in Pelalawan, Riau, will provide jobs for 58 Indonesian workers and 2 expatriates.
The second largest project is that of PT Jametro Mandala Buana, which will build an flour industry. The project will have an annual capacity to produce 600 tons of seawed flour. The project ...