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Article: INVESTMENT PROJECTS APPROVED DURING THE FIRST AND SECOND WEEKS OF JULY 1995
- Article from:
- Indonesian Commercial Newsletter
- Article date:
- August 14, 1995
CopyrightCOPYRIGHT 1995 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)
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For the first two weeks of July 1995, the Investment Coordinating Board (BKMP) approved 36 new projects under the domestic investment (PMDN) scheme. In terms of investment commitments, the largest of these projects belongs to PT Angkasa Interland (Rp 226.8 billion). Dealing in the apartment building sector, this company will establish an apartment block with a capacity of 988 apartments in Jakarta. This project requires a manpower of 122 Indonesian nationals and 10 expatriates.
The second largest of the 36 new projects belongs to PT Prakarsa Tani Sejahtera (Rp 159.7 billion). Dealing in the integrated oil palm plantation sector, this company will establish an oil ...