Printer Friendly

PMDN and PMA projects approved in the first and second weeks of September, 2004.

Domestic Investment (PMDN)

In the first and second weeks of September, 2004, BKPM issued licenses to at least five PMDN projects. The largest among the projects is that of PT Agaro Putra Perdana with a planned investment of Rp 652 billion. The new company will operate in sugarcane plantation and sugar industry with an annual capacity to produce 750,000 tons of sugar refined, 900,000 tons of raw sugar and 65,000 tons of molasses. The project to be built in North Lampung, Lampung will provide jobs for 5,726 Indonesian workers and 3 expatriates.

The second largest project is that of PT Central Korporindo International, which will operate in electric power industry from Steam Turbine Power Plant (PLTU) with an annual capacity to produce 11,256,000 Kwh of electric power (in Riau), 11,256,000 Kwh in Indragiri Hilir, and 11,256,000 Kwh in Kota Waringin Barat. The project to be built in Riau and Central Kalimantan, will provide jobs for 132 Indonesian workers and 7 expatriates.

Foreign Investment (PMA)

In the same period, BKPM issued licenses to 18 PMA new projects and three for expansion projects. The largest among the projects is that of PT Felima Al Bina Al Saudia which is a joint venture between PT Felima Orient Pacific Construction Company and foreign investor company partner Al-Bina'a Contracting Establishment from Saudi Arabia. The company which will plans to operate in oil refinery industry. It hopes to product 73,000,000 barrel of LPG, gasoline, kerosene, gas oil/diesel, and fuel. The project is estimated to cost US$ 3 billion in Cilacap, Central Java. It will provide jobs for 707 Indonesians and 4 expatriates.

The second largest PMA project is that of PT Sanly Industries, which is wholly financed by foreign investors Tsai Tung Ying from Taiwan. The company will plans to operate in technical equipment industry made of plastic. It hopes to product 2,880,000 tons of plastic injection in a year. The project is estimated to cost US$ 7 million. The company will be based in Bekasi, West Java and will provide jobs for 104 Indonesians and 2 expatriates.
Table - 1
PMDN projects final approvals from BKPM during the
first and second week of September, 2004

 a. Name of company a. Line of business a. Investment(Rp)
 b. Location b. Production b. Manpower
 capacity/annum

 NEW PROJECTS

1. a. AGARO PUTRA a. Sugarcane a. 652,000
 PERDANA, PT plantation million
 and processing b. Ind. : 5,726
 b. North Lampung, industry Expt. : 3
 Lampung b. Sugar refinery
 - 750,000 tons
 Raw sugar
 - 900,000 tons
 Molasses
 - 65,000 tons

2. a. BAKOM METAL a. Motorcycle a. 14,884 million
 INDUSTRI, PT component industry b. Ind. : 51
 b. Boor, West Java b. Piston Expt. : --
 - 700,000 units

3. a. CENTRAL KORPORINDO a. Electric power a. 449.266 juta
 INTERNATIONAL, PT industry (Steam b. Ind. : 132
 b. Riau and Central Turbine Power Plant Expt. : 7
 Kalimantan (PLTU))
 b. Electric power
 Riau - 11,256,000
 Kwh
 Indragiri hilir
 - 11,256,000 Kwh
 Kota Waringin Barat
 - 11,256,000 Kwh

4. a. DAEYU INDONESIA, a. Garment industry a. 30,897 million
 PT b. Sweater - 1,800,000 b. Ind. : 477
 b. Bekasi, pcs Expt. : 7
 West Java

5. a. MITRA SELARAS a. Wholesaler trading a. 14,884 million
 SEMPURNA, PT b. Service value b. Ind. : 214
 b. Jakarta - Rp 20,000 million Expt. : 4

Source: Data Consult

Table - 2
PMA projects final approvals from BKPM during the
first and second week of September, 2004

 a. Name of company a. Line of business a. Investment
 (US$)
 b. Indonesian party b. Production b. Manpower
 c. Foreign party capacity per annum
 c. Location
 NEW PROJECTS

1. a. ASIA EXPRESS a. Travel agent a. 115,000
 INDONESIA, PT services b. Ind. : 6
 b. -- b. Travelling Expt. : 1
 c. Tan Hwa Poh service c. Jakarta
 (Singapore) - 5,000 peoples

2. a. BLUE ROSE BARADO, PT a. Leather products a. 400,000
 b. -- industry b. Ind. : 100
 c. Kim Ki Bong b. Bag - 500,000 pcs Expt. : --
 (South Korea) c. Bogor,
 West Java

3. a. CISARUA MOUNTAIN a. Milk processing a. 1,100,000
 DAIRY, PT industry b. Ind. : 32
 b. Bambang Sutantio b. Yoghurt Expt. : 1
 c. Theodorus Cornelis - 1,000,000 c. Bogor,
 Johannes Swart liters Jawa Barat
 (Netherlands) Acidified milk
 drink
 - 4,000,000
 liters
 Premium
 pasteurized milk
 - 500,000 liters

4. a. EASYNESIA, PT a. Furniture and a. 800,000
 b. -- export trading b. Ind. : 31
 c. Alessandro Corvi services Expt. : 5
 (Italy) b. Furniture c. Tabanan, Bali
 - 1,500 m3
 Service value
 - US$ 600,000

5. a. FELIMA AL BINA AL a. Oil refinery a. 3,000,000,000
 SAUDIA, PT industry b. Ind. : 707
 b. Felima Orient Pacific b. LPG, gasoline, Expt. : 4
 Construction kerosene, gas c. Cilacap,
 Company, PT oil, Central Java
 c. Al-Bina'a Contracting b. LPG, bensin,
 Establishment minyak tanah,
 (Saudi Arabia) gas oil diesel
 and fuel
 - 73,000,000
 barrel

6. a. GUSTAVEIRA a. Export and import a. 200,000
 INTERNATIONAL, PT trading services b. Ind. : 6
 b. -- b. Service value Expt. : 2
 c. Richard Kamgna - US$ 1,200,000 c. Jakarta
 (Cameron)

7. a. INDO TECTONA, PT a. Moulding and a. 1,000,000
 b. Kurnadi Sanusi building material b. Ind. : 150
 c. Goh Ah Tee component Expt. : 2
 (Singapore) industry c. South Konawe
 b. Wood floor Southeast
 - 5,000 m3 Sulawesi

8. a. INPUT TANI, PT a. Seedling and a. 425,000
 b. Alvin Thiandianto plastic sheet b. Ind. : 105
 c. Designweli Sdn Bhd industry Expt. : 6
 (Malaysia) b. Seed for planting c. Tangerang,
 - 100 tons Banten
 Plastic sheet
 (PE mulching)
 - 1,000 tons

9. a. LAKE LAND, PT a. Property manage- a. 100,000
 b. -- ment consulting b. Ind. : 15
 c. Tsukamoto Takeyuki services Expt. : 2
 (Japan) b. Service value c. Badung, Bali
 - US$ 500,000

10. a. MANCHESTER UNITED a. Restaurant a. 400,000
 FOOD & BEVERAGE, PT business b. Ind. : 80
 b. Cipta Yudha Utama, PT b. Restaurant Expt. : 3
 c. Manchester United - 120 chairs c. Jakarta
 Food & Beverage Pte
 Ltd. (Singapore)

11. a. QUANTUM COMPUTING a. Information a. 2,335,000
 SERVICES, PT technology b. Ind. : 7
 b. -- management Expt. : 2
 c. Quantum Supports consulting c. Jakarta
 Services, services
 (Foreign Investor) b. Service value
 - US$ 2,500,000

12. a. SANLY INDUSTRIES, PT a. Technical a. 7,000,000
 b. -- equipment b. Ind. : 104
 c. Tsai Tung Ying industry Expt. : 2
 (Taiwan) made of plastic c. Bekasi,
 b. Plastic injection West Java
 - 2,880,000 tons

13. a. SINAR MEDIA a. Advertising a. 100,000
 ADVERTISING, PT management and b. Ind. : 15
 b. Nina Ainul Mardiyah consulting Expt. : --
 c. Utusan Sinar Media services c. Jakarta
 Sdn Bhd. (Malaysia) b. Service value
 - US$ 350,000

14. a. TABRIZ ORIENTAL a. Export and import a. 250,000
 CARPETS, PT trading services b. Ind. : 15
 b. -- b. Service value Expt. : 3
 c. Imranullah - US$ 2,000,000 c. Jakarta
 (Pakistan)

15. a. TASIK DEVELOPMENT a. Business and a. 100,000
 COMPANY, PT management b. Ind. : 17
 b. Rully Ferdiansyah consulting Expt. : 2
 c. Rio Dick Praaning services c. Tasikmalaya,
 (Netherlands) b. Service value West Java
 - US$ 700,000

16. a. VSS PROSPEROUS ABADI a. Sawmilling a. 600,000
 PT industry b. Ind. : 50
 b. -- b. Sawn timber Expt. : 7
 c. Dalin Suppipat - 10,000 m3 c. Sorong, Papua
 (Thailand)

17. a. WINA SEJATI PRIMA, a. Restaurant a. 120,000
 PT business b. Ind. : 21
 b. -- b. Restaurant Expt. : 1
 c. Cristian Froschl - 70 chairs c. Jakarta
 (Austria)

18. a. WORTH LINK INDONESIA a. White cigarette a. 600,000
 PT industry b. Ind. : 307
 b. -- b. White cigarette Expt. : 12
 c. Liu Qihong - 2,112,000,000 c. Batam,
 (China) sticks Riau

 EXPANSION PROJECTS

1. a. CENTROTEC JIT BINTAN, a. Sport shoe and a. 200,000
 PT equipment b. Ind. : 165
 b. -- industry Expt. : 8
 c. Lim Jit Ian b. Composite shoe c. Riau
 (Singapore) sole
 - 100,000 pcs
 Reet roof
 - 300,000 pcs

2. a. FUJITEC INDONESIA, PT a. Export and import a. 800,000
 b. -- trading services b. Ind. : 10
 c. -- b. Service value Expt. : --
 - US$ 1,500,000 c. Jakarta

3. a. TECHNOPIA LEVER, PT a. Distribution, a. 7,000,000
 b. -- export and import b. Ind. : 104
 c. Technopia Singapore trading services Expt. : 2
 Pte Ltd (Singapore) b. Service value c. Bekasi,
 - Rp 80,000 West Java
 million

Source: Data Consult
COPYRIGHT 2004 P.T. Data Consult, Inc.
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2004 Gale, Cengage Learning. All rights reserved.

 Reader Opinion

Title:

Comment:



 

Article Details
Printer friendly Cite/link Email Feedback
Title Annotation:domestic investment, foreign investment
Publication:Indonesian Commercial Newsletter
Geographic Code:9INDO
Date:Nov 9, 2004
Words:1402
Previous Article:Pertamina to import diesel oil from Russia.
Next Article:Shariah banks report handsome profit.
Topics:

Terms of use | Copyright © 2014 Farlex, Inc. | Feedback | For webmasters