Indonesian Political, Business & Finance News

PPD to cooperate with Humpuss

| Source: JP

PPD to cooperate with Humpuss

The state-owned bus company (PPD) has agreed to cooperate with
PT Senawangi Wisamarta Utama (SWU), a subsidiary of a widely
diversified Humpuss group, in reconditioning the 43 double-decker
buses it has at the SWU's workshop in Bekasi.

Ongky Sumarno, the director of PT SWU, was quoted by Antara as
saying yesterday the overhaul was expected to cost a total of Rp
4.3 billion (US$2 million).

He said the two parties had agreed that the overhaul would be
conducted at the company's workshop in Narogong, Bekasi.

"PPD has promised to overhaul five buses a month," said Ongky,
adding that spare parts for the buses had been imported from
Singapore.

He said the 43 buses were among the 70 double-decker buses the
firm had agreed to overhaul earlier in PT SWU's workshop in
Batam.

After repairing 27 buses, the firm and PPD decided to overhaul
the rest of the buses in Narogong.

Under the joint agreement, PT SWU has the rights to operate
the 70 buses for eight years with the income to be shared by the
two parties. (jsk)

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