Hitachi to make equipment here

Hitachi to make equipment here

BEKASI, West Java (JP): PT Hitachi Power Systems Indonesia, a
Japanese-Indonesian joint venture, broke ground here yesterday to
set up a US$13 million plant for the production of equipment used
in electric power transformer substations.

K. Hamada, the executive managing director of Hitachi Ltd. of
Japan, said after the ground-breaking ceremony that the plant is
expected in November to start manufacturing highly sophisticated
electric equipment such as gas insulated switchgears, zinc oxide
lighting surge arresters and gas insulated metal clad
switchgears.

The joint venture, established on March 27, is 70 percent
owned by Hitachi, 20 percent by PT Tirtamas Majutama and 10
percent by PT Inti Putramodern.

Hamada said the plant will be the first of its kind in
Indonesia and will be Hitachi's second base outside Japan after
the first one in United States.

He said the new venture will sell most of its products
domestically and export the remainder to Singapore, Malaysia,
Thailand and the Philippines with annual sales of about $40
million.

The factory is being constructed on an area of 31,000 square
metres in the East Jakarta Industrial Park by Kajima Overseas
Asia Pte.,Ltd. of Japan. (32)