Cement plant to be built

Cement plant to be built

JAKARTA (JP): Minister of Finance Mar'ie Muhammad laid on
Saturday a corner stone for the foundation of a cement plant to
be built by PT Semen Bosowa Maros in the South Sulawesi town of
Maros with an investment of Rp 535 billion (US$238.83 million).

The president of the Bosowa Group, Aksa Mahmud, said that the
cement factory, designed to have a production capacity of 1.8
million tons per year, was expected to be completed within 23
months, so that the plant could start production in 1997.

He said that 60 percent of the cement produced would be sold
on the domestic market and the rest would be exported.(31)