Wed, 18 May 2011

TEMPO Interactive, Makassar:South Korea’s PEM Korea Co Ltd will build the first HDPE Polyclin pipe manufacturing plant in eastern Indonesia. The US$ 5-10 million plant will be located on a 5,000-square meter area in the Makassar Industrial Zone (Kima).

PEM Korea will partner with the Indonesian company, PT Bahana Cipta. The plant will be designed with five environmentally friendly pipe making devices.

“We will build the first stage of the plant by June at the earliest. We will discuss this soon with PT Bahana Cipta," said PEM Korea president director Oh Jin-hwan, after he was received by Governor Syahrul Yasin Limpo on Monday.

In the initial phase, two of the plants will be constructed. As much as US$ 3 million from the total US$ 10 million will be invested in the two plant. The plants are expected to produce between 20 and 30 tons of pipes every year. According to Jin-hwan, potable water and gas pipes are the main priorities.

PT Bahana’s spokesperson, Ridwan, expects the regional government to facilitate the construction permit and the plant operations. The plant is scheduled to be completed this year and be immediately operational.

According to Syahrul, the US, Europe and Japan will also be invited to invest in all sectors in South Sulawesi, but the focus will remain on the development of the agriculture, plantation and mining industries.