|
|
Article: PMDN and PMA projects approved in the first and second weeks of March, 2005.(domestic and foreign investment plans)
- Article from:
- Indonesian Commercial Newsletter
- Article date:
- May 10, 2005
CopyrightCOPYRIGHT 2005 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 March, 2005, the Capital Investment Coordinating Board (BKPM) issued licenses to at least five new and five expansion domestic investment (PMDN) projects. The largest among the projects is that of PT Kayaindo Sejatitama, which plans to invest Rp 142 billion in cooking oil industry. It project will have an annual products 50,000 tons of CPO, 10,000 tons of palm kernel and 18,000 tons of PKO. The project estimated will be built in South Sumatra and it will provide jobs for 255 Indonesians.
For the largest expansion project is that of PT Pakoakuina. The company plans to operate in automotive ...