Indonesian Political, Business & Finance News

Wartsila builds RI plant

| Source: REUTERS

Wartsila builds RI plant

HELSINKI (Reuter): Wartsila Diesel, part of Finnish
diversified engineering group Oy Metra Ab, said in a statement on
Thursday it would invest slightly over US$10 million in a new
power plant modules and engines factory in Indonesia.

"The factory is in accordance with Wartsila Diesel's strategy
to strengthen its local presence in the growing Asian markets,"
Wartsila Diesel said.

The plant will be built near Jakarta and is scheduled for
operation in 1998, Wartsila Diesel said.

Wartsila Diesel has operated in Indonesia since 1978 in
cooperation with [PT Stowindo Power], a local company which sells
and services power plants and marine engines delivered to the
country, it said.

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