KPC contributes $1.4m annually
KPC contributes $1.4m annually
BALIKPAPAN, East Kalimantan: Foreign coal mining company PT
Kaltim Prima Coal (KPC) contributes US$1.4 million (Rp 12
billion) to social development programs in the province, a KPC
executive said on Friday.
"The amount of funds our company has allocated to social
development programs in the province has reached $1.4 million
annually. The funds are distributed directly to local
authorities, non-governmental organizations and groups of
people," he said.
He said that in coming years, KPC would prioritize assisting
the development of modern agricultural practices because a
majority of people in the province were farmers.
He added that KPC's production capacity had dropped slightly
because of the prolonged industrial dispute between employers and
employees. --Antara