Heidelberger's cement bid

JAKARTA (JP): Germany's cement producer Heidelberger Zement AG has not submitted its bid proposal for part of the government's 65 percent stake in the publicly listed cement producer PT Semen Gresik, according to the office of the state minister of empowerment of state enterprise.

Sofyan A. Djalil, deputy head of the office's communications department, said Saturday that the German cement producer would be allowed to participate in the next bidding process.

"Though Heidelberger has not submitted its bid in the first stage, it would be consider to participate in the next bidding process," the ministry's spokesperson Sofyan A Djalil said.

Djalil said that there were two firms -- Switzerland's Holderbank Financiere Glarus and Mexico's Cemex CA -- which have so far submitted their bids to purchase part of Semen Gresik's stake. (aly)