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PMDN and PMA projects approved by BKPM in first second weeks of July, 2002. (Investment).

Domestic investment (PMDN)

In the first and second weeks of July, 2002, the capital investment coordinating board (BKPM) issued licenses to 4 PMDN projects. The largest among the projects is that of PT Domas Agrointi Perkasa with a planned investment of Rp 374.4 billion. The company plans to operate in agro industry with an annual capacity to produce 3,000 tons of RBD palm oil, 3,000 tons of RBD olein and 76,932 tons of RBD stearin and 26,208 tons of PFAD. The project is to be opened in Asahan, north Sumatra and it will provide jobs for 138 Indonesians and 9 expatriates.

The second largest project is that of PT Mitra Saudara Sejahtera to operate in the agricultural and horticultural sector. It hopes to produce 16,000 tons of orange fruits, 2,500 tons of carrot, 2,500 tons of broccoli and 2,500 tons &lettuces. The project is estimated to cost Rp 75 billion to be built in Tanah Karo, North Sumatra. It will provide jobs for 66 Indonesians and 5 expatriates.

Foreign investment (PMA)

In the same period BKM also issued license to 25 PMA projects. The largest among the projects is that of PT Indonesia Tri Sembilan, a joint venture between Indonesian Victor Okki Sunarjo and Representation Int'l from Singapore. The joint venture company will operate in tobacco leaves processing industry with a processing capacity of 35,000 tons a year. The project is estimated to cost US$ 8.4 million to be built in Pasuruan, East Java and will provide jobs for 317 Indonesian and 11 expatriates.

The second largest project is that of PT Asia Semicon Industri, wholly owned by Yun Bum Soo from South Korea. The company will operate in LCD module industry with an annual capacity to produce 4.8 million units of twisted nematic LCD module, 2.7 million units of super twisted nematic LCD module and 1.8 million units of thin film transistor. The project is estimated to cost US$ 35 million and it will be built in Serang, Banten. It will provide jobs for 535 Indonesians and 28 expatriate.
Tabel - 1
PMDN projects final approvals from BKPM during the
first and second week of July, 2002

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

 NEW PROJECTS

1. a. AGRO TECH a. Vegetable plantation a. 7,530 million
 KEBUN ABADI, b. Kangkung - 3,000 tons b. Ind. : 63
 PT Mustard - 3,000 tons Expt. : 4
 b. Riau Cucumber - 3,000 tons
 Archipelago, Carrot - 1,000 tons
 Riau Brocoli - 3,000 tons

2. a. BILLIAN INDO a. Corrugated a. 2,000 million
 FARMA PT carton box industry b. Ind. : 115
 b. Tangerang, b. Corrugated Expt. : -
 Banten carton box - 6,000 tons

3. a. DOMAS AGROINTI a. Agro industry a. 374,456 million
 PERKASA, PT b. RBD palm oil - 3,000 tons b. Ind. : 138
 b. Asahan, RBD olein - 3,000 tons Expt. : 9
 North Sumatra RBD Stearin - 76,932 tons
 PFAD - 26,208 tons

4. a. MITRA SAUDARA a. Horticulture plantation a. 75,000 million
 SEJAHTERA, PT b. Orange - 16,000 tons b. Ind. : 66
 b. Tanah Karo, Carrot - 2,500 tons Expt. : 5
 North Sumatra Broccoli - 2,500 tons
 Lectuces - 2,500 tons

Source: Data Consult
Tabel - 2
PMA projects final approvals from BKPM during the
first and second week of July, 2002

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

 NEW PROJECTS

1. a. ACUTE BALI, PT a. Export and import a. 100,000
 b. -- trading services b. Ind. : 8
 c. Archer Alfred b. Service value Expt. : 3
 Lewis (U S A) - US$ 150,000 c. Badung, Bali

2. a. ASIA SEMICON a. LCD module industry a. 3,500,000
 INDUSTRI, PT b. Twisted nematic b. Ind. : 535
 b. -- - 4,800,000 pcs Expt. : 28
 c. Yun Bum Soo Super twisted nematic c. Serang,
 (South Korea) - 2,700,000 pcs Banten
 Thin filem transistor
 - 1,800,000 pcs

3. a. AUNIKA JAVA ART, a. Furniture and export, a. 500,000
 PT import trading b. Ind. : 316
 b. Rini Setyowati services Expt. : 9
 c. Aunika Tech Sarl b. Service value c. Jepara,
 (Switzerland) - US$ 2,000,000 Central Java
 Furniture - 1,000 m3

4. a. BORIA ENTERPRISES, a. Management a. 500,000
 PT consultancy and b. Ind. : 36
 b. -- business development Expt. : 2
 c. Xie Jing Li b. Service value c. Jakarta
 (Singapore) - US$ 800,000

5. a. CARNEGIE WYLIE a. Management and a. 150,000
 INDONESIA, PT investment consulting b. Ind. : 6
 b. Laksana Tata services Expt. : 1
 Indonesia, PT b. Service value c. Jakarta
 c. Carnegie Wylie - US$ 3,000,000
 Company Mauritius
 Ltd. (Mauritania)

6. a. CIPTA EKAMANDIRI, a. Business development a. 3,000,000
 PT consulting services b. Ind. : 2
 b. Pietco Inti, PT b. Service value Expt. : 1
 c. Abacola Worldwide - US$ 800,000 c. Jakarta
 Holdings
 S.A (British
 Virgin Island)

7. a. CSI INTERNATIONAL, a. Management and a. 200,000
 PT property business b. Ind. : 27
 b. Eddy Pribadi consulting services Expt. : 4
 c. Hermawan Djuhana b. Service value c. Jakarta
 (USA) - US$ 430,000

8. a. DANIANG DAMLING a. Restaurant business a. 100,000
 INDONESIA, PT b. Restaurant b. Ind. : 14
 b. Arifin Rusli - 150 chairs Expt. : 4
 c. Wu Guogiang c. Jakarta
 (China)

9. a. DURANI CARPET, PT a. Export and import a. 150,000
 b. -- trading services b. Ind. : 27
 c. Abdul Qadoos b. Service value Expt. : 5
 (Pakistan) - US$ 1,000,000 c. Jakarta

10. a. EKSPTIKA ABADI, a. Export and import a. 150,000
 PT trading services b. Ind. : 21
 b. Mohamad Nadirin b. Service value Expt. : 3
 c. Tarek Jamil - US$ 600,000 c. Jepara,
 Chinder (Lebanon) Central Java

11. a. EVER TECH a. Plastic injection a. 600,000
 PLASTIC, PT industry b. Ind. : 103
 b. -- b. Shoe component Expt. : 8
 c. Max Chanace - 6,000,000 pcs c. Serang, Banten
 Industrial Ltd.
 (British Virgin
 Island)

12. a. FINEKA WOOD INDO- a. Wood processing and a. 500,000
 NESIA, PT export import b. Ind. : 35
 b. -- services Expt. : 5
 c. Su Pai Hsiang b. Service value c. Semarang,
 (Taiwan) - US$ 250,000 Central Java
 Moulding - 900 m3
 Furniture - 4,200 m3

13. a. GIOROM STAR, PT a. Heavy equipment rent a. 200,000
 b. Gio Hamdani and handling services b. Ind. : 53
 c. Baharom Hamzah b. Service value Expt. : 3
 (Malaysia) - US$ 5,000,000 c. Jakarta

14. a. INDONESIA TRI a. Leaf tobacco a. 8,400,000
 SEMBILAN, PT processing industry b. Ind. : 317
 b. Victor Okki b. Leaf tobacco Expt. : 11
 Sunarjo processing c. Pasuruan,
 c. Representations - 35,000 tons East Java
 Int'l (Singapore)

15. a. INTRAFIN NIAGA a. General trading, a. 116,000
 RAYA, PT wholesaler services b. Ind. : 14
 b. Permadi b. Services value Expt. : 4
 Soemarahatianto - US$ 291,000 c. Jakarta
 c. Intrafin Global
 Sdn. Bhd.
 (Malaysia)

16. a. KPK a. Civil mechanical and a. 200,000
 INTERNATIONAL,PT electrical b. Ind. : 7
 b. -- construction work Expt. : 7
 c. KPK Holding Ltd. services c. Jakarta
 (Malaysia) b. Service value
 - US$ 500,000

17. a. LEAD JAYA a. Electronic goods a. 750,000
 ELECTRONIK, PT industry b. Ind. : 152
 b. -- b. Karaoke machine Expt. : 8
 c. Choi Seung Kyoo - 6,000 units c. Tangerang,
 (South Korea) Banten

18. a. MADINA TOUR & a. Travel agent services a. 100,000
 TRAVEL, PT b. Service value b. Ind. : 7
 b. Nelfia Dharma - 6,000 peoples Expt. : 1
 c. Yahya A A Aljawi c. Jakarta
 (Saudi Arabia)

19. a. MENTARI TIMUR a. Export and import a. 100,000
 ASIA, PT trading services b. Ind. : 25
 b. Danny Suhendar b. Service value Expt. : 9
 c. Yoshikawa Koji - US$ 500,000 c. Palembang,
 (Japan) South Sumatra

20. a. MITRA HORKEW a. Drink water industry a. 1,000,000
 TIRTASARANA, PT b. Drink water b. Ind. : 36
 b. Mitra Cipta Tirta - 850 liters/second Expt. : 11
 Sarana c. Batam, Bintan,
 c. Hor Kew Riau
 Engineering Pte.
 Ltd. (Singapore)

21. a. NUSANTARA ENERGY a. Mechanical and a. 600,000
 SOLUTION, PT electrical consulting b. Ind. : 21
 b. -- services Expt. : 3
 c. Toshiba Corp. b. Service value c. Bekasi,
 (Japan) - US$ 3,000,000 West Java

22. a. ORSON ASSOCATES, a. Soap industry a. 800,000
 PT b. Toilet soap b. Ind. : -
 b. -- - 10,000 tons Expt. : 5
 c. Kalidas Health soap c. Jakarta
 Kishinchand - 10,000 tons
 (India)

23. a. OS COPIER, PT a. Photo copying and fax a. 100,000
 b. Wiliana machine services b. Ind. : 55
 c. Chia Khee Har b. Photo copying machine Expt. : 5
 (Singapore) - 100 units c. Batam, Riau
 Facsmilie - 300 units

24. a. RENAISSANCE a. Corporate finance a. 1,000,000
 CAPITAL ASIA, PT consulting services b. Ind. : 65
 b. Maxwell Armand b. Service value Expt. : 10
 c. Renaissance - US$ 7,000,000 c. Jakarta
 Capital Ltd.
 (Mauritania)

25. a. SINAR DUTA a. Property management a. 1,600,000
 MAHKOTA, PT consulting services b. Ind. : 46
 b. Ishak Queda b. Service value Expt. : 3
 c. Huey Sum - US$ 3,000,000 c. Jakarta
 Properties Ltd.
 (British Virgin
 Island)

Source: Data Consult
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Title Annotation:capital investment
Comment:PMDN and PMA projects approved by BKPM in first second weeks of July, 2002. (Investment).(capital investment)
Publication:Indonesian Commercial Newsletter
Article Type:Illustration
Geographic Code:9INDO
Date:Sep 10, 2002
Words:1539
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