Monday, September 25, 2006

Mega Projects from Menara Batavia 17th Floor

I got information from Investment Coordinating Board (BKPM) about mega projects awarded to four companies with the same address: Menara Batavia 17th Floor, Jakarta. Total investment cost would be US$3.5 billion, mainly in pulp, paper, and wood processing industries. Who are the people behind these projects?

The projects are as follows:
1) PT Kutai Pulp & Paper: Pulp project, 1.2 million tones/year, investment Rp15.8 trillion, location: Samarinda, East Kalimantan.
2) PT Kaltim Prima Pulp & Paper: Pulp project, 1.2 million tones/year, investment Rp15.8 trillion, location: Bulungan, East Kalimantan.
3) PT Kutai Chip Mill: Chip wood 700,000 t/y, Rp277 billion, Samarinda, East Kalimantan.
4) PT Tarakan Chip Mill: Chip wood 700,000 t/y, Rp277 billion, Tarakan, East Kalimantan.
Are these projects real?

READ MORE!!!

1 Comments:

Anonymous Anonymous said...

RGMI / SUKANTO TANOTO

May 30, 2007 7:25 AM  

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