Thu, 22 May 2008
Jakarta (ANTARA News/Asia Pulse) - Two Kuwaiti companies have offered to finance a US$1.5 billion coal gasification project of state-owned fertilizer company PT Pupuk Kaltim, an Indonesian official said.

State Minister for State Enterprises Sofyan Abdul Djalil said Kuwait Investment Agency and Kuwait Investment House have agreed to build the project in East Kalimantan to produce gas feedstock for the fertilizer plant.

Sofyan said the two companies also agreed to finance a number of other projects in strategic sectors including in the manufacturing, energy, mining and property sectors.



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