Schelde opens office here

Schelde opens office here

JAKARTA (JP): Royal Schelde, a Dutch company operating in
shipbuilding, engineering and industrial construction, has opened
a regional office here to coordinate its activities in South East
Asia.

The company's chairman, Robert van den Heuvel, told reporters
after a ceremony for the opening of the office on Monday that in
Indonesia, Royal Schelde is now negotiating with potential local
partners for the establishment of joint ventures with initial
investment of US$10 million to $15 million.

Royal Schelde, which started business relationship with
Indonesia in 1976, had constructed three corvettes and six
frigates for the Indonesian navy and delivered boilers and
industrial equipment for a number of oil and gas plants in the
country, he said.

He said his company planned to cooperate with the state-owned
shipbuilder PT PAL Indonesia to make ships and ferries.

Van den Heuvel explained that Frits M. van der Jagt had been
assigned to coordinate Royal Schelde's activities in South East
Asia and Carly P. Verhoeven appointed as resident representative
for Indonesia. (10)