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Article: PMDN and PMA project approved in third and fourth weeks of July, 2002. (Investment).(foreign investment projects receive licenses)

Article from:
Indonesian Commercial Newsletter
Article date:
September 24, 2002
Copyright

Domestic Investment (PMDN)

The Capital Investment Coordinating Board (BKPM) approved nine PMDN projects in the third and fourth weeks of July. The largest among the project is that of PT Domas Sawit Inti Perdana with a planned investment of Rp123 billion. The agribusiness company plans to produce 120,744 tons of crude palm oil (CPO) and 148,824 tons of palm kernel (PK) cake The project to be built in Asahan, north Sumatra, will employ 206 Indonesian workers and 8 expatriates.

The second largest project is that of PT Harfacindo Raya which plans to operate in lubricant processing industry with an annual capacity of 20 million liters the project is ... 







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