Selasa 26 Mar 2013 23:08 WIB

Indonesia to build a cement plant in Myanmar 2014

Rep: Satya Festiani/ Red: Yeyen Rostiyani
Some workers unload cement cargo at Sunda Kelapa Port in Jakarta. (illustration)
Foto: Antara/M Agung Rajasa
Some workers unload cement cargo at Sunda Kelapa Port in Jakarta. (illustration)

REPUBLIKA.CO.ID, JAKARTA - Indonesian largest cement producer, PT Semen Indonesia, will expand to Myanmar by building a 200 million USD cement plant with the capacity of a million tonnes per year.

"The building will start next year. It is expected to start operating in 2017," Executive Director of Semen Indonesia, Dwi Sutjipto, said on Monday after a discussion on the cement industry's outlook.

The plan is a part of its expansion to several countries in Southeast Asia, such as Bangladesh and Thailand. Semen Indonesia may need 140-160 million USD loans for the plant, while 40-50 million USD will be from internal cash. The rest or about ten percent will be from its partner. 

"But the company also opens for possibility of issuing bonds," he said.

 

 

 

sumber : Antara
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