Sat, 15 Jan 2005

Korean businessmen to build int'l port

AMURANG, North Sulawesi: Several Korean businessmen from the Korea International Management Service were in Amurang town, Minahasa regency, for two days as part of a plan to construct an international hub port.

According to the head of Korea Management Service International, Lee Hyun Hoo, they will partner with businessman Philip Pantouw, a native of North Sulawesi, to build the port.

They also plan to build an industrial site, Amurang Industrial Development, in the town.

"The Korean businessmen plan to invest around US$750 million in Amurang," said Philip. -- JP