{
    "success": true,
    "data": {
        "id": 1205400,
        "msgid": "fluor-daniel-to-establish-firm-here-1447893297",
        "date": "1995-10-03 00:00:00",
        "title": "Fluor Daniel to establish firm here",
        "author": null,
        "source": "JP",
        "tags": null,
        "topic": null,
        "summary": "Fluor Daniel to establish firm here JAKARTA (JP): The Investment Coordinating Board has approved an application by Fluor Daniel of the United States to establish a wholly-owned subsidiary in Indonesia. The new company, called PT Fluor Daniel Indonesia, will start operating as soon as it has received approval from the justice ministry. \"We expect that the approval from the ministry of justice will be obtained next month,\" company president Charles Sands told The Jakarta Post yesterday.",
        "content": "<p>Fluor Daniel to establish firm here<\/p>\n<p>JAKARTA (JP): The Investment Coordinating Board has approved<br>\nan application by Fluor Daniel of the United States to establish<br>\na wholly-owned subsidiary in Indonesia.<\/p>\n<p>The new company, called PT Fluor Daniel Indonesia, will start<br>\noperating as soon as it has received approval from the justice<br>\nministry.<\/p>\n<p>\"We expect that the approval from the ministry of justice will<br>\nbe obtained next month,\" company president Charles Sands told<br>\nThe Jakarta Post yesterday.<\/p>\n<p>He said the board's approval had been received on Sept. 5.<\/p>\n<p>Vice president of Fluor Daniel Indonesia, Rod Ragan, said that<br>\nthe establishment of the subsidiary will help Flour Daniel<br>\nmaximize the domestic content of its products by using<br>\nIndonesian-operated engineering companies, suppliers, contractors<br>\nand vendors.<\/p>\n<p>\"As a fully incorporated company, our operations will run<br>\nsmoother, but the basic business philosophy of Fluor Daniel will<br>\nnot change,\" Ragan said.<\/p>\n<p>Fluor Daniel has been present in Indonesia since 1970, through<br>\nthe branch office of Fluor Daniel Eastern, Inc.<\/p>\n<p>Ragan said Fluor Daniel Indonesia will be involved in diverse<br>\nsectors, including petroleum, petrochemicals, mining,<br>\ninfrastructure, manufacturing, power, pulp and paper.<\/p>\n<p>Fluor Daniel, through its partnership with Duke Power, has<br>\njoined with PT Catur Yasa in the establishment of PT Nusantara<br>\nPower Services for Operation, Management and Maintenance.<\/p>\n<p>Ragan said that Fluor Daniel currently handles 12 projects in<br>\nIndonesia, including the construction of a power plant in Paiton,<br>\nEast Java, the renovation of Hotel Borobudur Inter-Continental in<br>\nJakarta, the expansion of PT Freeport's copper mine in Irian<br>\nJaya, the construction of a copper smelting plant in Gresik, East<br>\nJava, and the construction of a geothermal power plant in West<br>\nJava.(31)<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/fluor-daniel-to-establish-firm-here-1447893297",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}