PTPN to build sugar mill

Tue, 19 Aug 1997, 00:00 WIB | Source: JP

JAKARTA (JP): A consortium comprising five state-owned
plantation companies (PTPN) plans to build and operate a sugar
mill in Kendari, Southeast Sulawesi.

The companies are PTPN VII in Lampung, PTPN X in Surabaya
(East Java), PTPN IX in Semarang (Central Java) and PTPN XIV
Kendari, Antara reported.

"The project is expected to cost Rp 300 billion (US$104.52
million) in investment," PTPN XI's secretary Saleh Brotoyuwono
was quoted as saying yesterday.

Saleh said the project would involve private companies, such
as PT Bermis, and was currently in the process of being
negotiated. The new plant would be the fourth sugar plant in the
area, he said. (das)

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