Thu, 18 Mar 2010

Jakarta (ANTARA News/Asia Pulse) - Four Australian companies plan to invest a combined total of more than US$1 billion in Indonesia this year, an official said. Mining and construction company Thiess, which already has a stake in the mining sector, would take part in the Trans-Java toll road project, Gita Wirjawan, the head of the investment agency (BKPM) said.

Thiess' local unit PT Thiess Contractors Indonesia was awarded a 35-year concession to build and operate two sections of the Trans-Java toll road that will link the western and eastern parts of Java.

The other three companies are Coca-Cola Amatil (ASX:CCL), Commonwealth Bank of Australia (ASX:CBA) and Ramsay Health Care, Australia's largest private hospital group.