Bakrie, Tjipta Niaga tie up

Bakrie, Tjipta Niaga tie up

JAKARTA (JP): Steel bridge manufacturers PT Trans-Bakrie, a
subsidiary of the publicly-listed PT Bakrie & Brothers, has
appointed state trading company Tjipta Niaga to market its
product in Indonesia.

Tjipta Niaga has agreed to become Trans-Bakrie's main sales
agent countrywide, Bakrie & Brothers revealed in an official
statement.

Tjipta Niaga, which has branches across Indonesia, will
receive a commission for every sale.

Trans-Bakrie, a joint venture with Australia's Transfield Pty
Ltd, is currently supplying 4,000 tons of steel frame supplies to
companies in Australia and the United States.

The company is also working on the fabrication and
construction of offshore oil and gas industries, including for
Unocal and Maxus, according to the statement. (03)