Mon, 22 Feb 2010
Kendari, SE Sulawesi (ANTARA News) - The governor of Southeast Sulawesi, Nur Alam, said investment in the province`s mining sector had increased significantly.

"In 2009 the number of companies that was making or have made an investment in the region was recorded at 10 out of hundreds already expressing their interest to invest in the region," he said here on Friday.

Of the 10 companies already operating are PT Aneka Tambang and Miusorse Group producing ferro-nickel and stainless steel in North Konawe with a planned investment of US$2 billion.

He said the FGH Group Indonesia and South Korea meanwhile had signed a memorandum of understanding for gold exploitation in Bombana district with a planned investment of US$200 million.

Memorandum of understanding has also been signed by PT Rio Tinto for the development of nickel processing plant in Konawe with a total investment of US$4 billion.

PT Billy Indonesia meanwhile has already started constructing a nickel processing plant in South Konawe with a total investment of US$500 million.

The governor said PT Starget Group also had already started its activity to build a nickel processing plant in North Konawe with a total investment of US$500 million.

PT Bumi Makmur Selaras is also developing a nickel processing plant in North Konawe with a total investment of US$250 million. PT Inco Tbk meanwhile plans to set up a nickel processing plant in Pomalaa in the district of Kolaka with a total investment of US$1 billion.

PT Pertambangan Bumi Indonesia meanwhile is investing US$150 million for the development of a nickel processing plant in North Konawe.

The governor said the arrival of the investors automatically gave the local people hopes for better welfare.

He said he had asked district heads and city mayors to immediately put mining concessions and licenses in order to make the region the national centre of mining industries.
(*)



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