Tuesday, November 21, 2006

Giant pulp project in W Kalimantan

A company named PT Garuda Kalimantan Lestari had secured license to build a 1.2 million t/y pulp plant in Ketapang, West Kalimantan with Rp15 trillion (around US$1.7 billion) investment. Who own the company? Well, the address is apparently the same with a company which just restructured its US$1.4 billion debt.

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2 Comments:

Anonymous Anonymous said...

And this Rp15 trillion supposedly come from the guy who Chief of BPK, Anwar Nasution accused of being garong and keep investing abroad?

November 23, 2006 7:59 PM  
Anonymous Anonymous said...

Which company exactly are you refering to ?
crocodil

November 23, 2006 9:55 PM  

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