PT IKI to build more ships

UJUNGPANDANG (JP): PT Pengembangan Armada Niaga Nasional Multi Finance (PANN) has contracted PT Industri Kapal Indonesia (IKI) to build 17 round-hull Mina Jaya fishing boats and several Caraka Jaya cargo ships.

PT PANN's president, A. Rahkmat Pasha, was quoted by Antara as saying here Thursday that PT IKI had received the materials to build the first eight Mina Jaya boats.

He said the materials for the remaining boats were expected to be delivered by October next year.

PT IKI's president, La Adrian Ifie, said his company had sent 250 personnel to Spain to undertake an advanced shipping- technology traineeship to prepare for the project.

PT PANN, a state-owned company which leases ships, contracted PT IKI in August to build 14 double-chine boats. (06)