Indonesian Political, Business & Finance News

RI-S'pore JVC in Cikarang

| Source: JP

RI-S'pore JVC in Cikarang

JAKARTA (JP): A joint venture between Indonesia's Jababeka and
Technology Parks Pte. Ltd Singapore, called PT Gerbang Teknologi
Cikarang, has bought 240 hectares in PT Kawasan Industri
Jababeka's industrial estate in Cikarang, West Java.

The company plans to build high technology industry factories
there.

The president of Jababeka, Ismail Sofyan, said the purchase
contract would be signed soon.

Technology Parks Pte Ltd is a subsidiary of Jurong Town
Corporation of Singapore. (09)

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