Fri, 23 May 2008
Jakarta (ANTARA News/Asia Pulse) - PT Bakrie Indo Infrastructure said it hopes to win more infrastructure projects, mainly power generating projects, worth US$5 billion until 2013.

The target does not include three projects worth US$2.9 billion the company has already won and is building, its president said. He added the subsidiary of PT Bakrie & Brother is targetting at least four power generating projects in addition to toll road and gas pipeline projects.

He said the company will seek bank loans or team up with strategic partners to finance the projects. The company is building or is preparing for a gas pipeline project valued at US$1.2 billion, power generating plants valued at US$1.4 billion and toll road project valued at US$300 million.



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