UK plans RI plane factory

UK plans RI plane factory

JAKARTA (JP): The British-based Hamilton Airship Company plans
to build a US$146 million worth aircraft factory in Indonesia,
according to the government.

The office of the Coordinating Minister for the Economy said
on Monday that Hamilton planned to start building the factory in
the "near future".

A ministry's statement said it hoped Hamilton could become a
strategic partner of state-owned aircraft manufacturer PT
Dirgantara Indonesia.

Dirgantara is the new name of PT Industri Pesawat Terbang
Nusantara (IPTN). The government changed IPTN's name in August
this year.

Dirgantara is seeking a strategic investor in a bid to help
restructure its debts. The company's debt has been taken over by
the Indonesian Bank Restructuring Agency (IBRA).(bkm)