INDONESIA PRESS-Bosowa Corp to spend 16 trln rupiah by 2017 - Kontan


Business group Bosowa Corp plans to spend around 16 trillion rupiah ($1.32 billion) between 2014 and 2017 to build a new cement factory, a steam power plant and car dealerships, said CEO Erwin Aksa in the Kontan daily newspaper. The firm will build a 1x300 megawatt steam power plant in Jeneponto for 3 trillion rupiah and construct a cement factory for 1.5 trillion rupiah in Cilegon with a capacity of 1.5 million tonnes per year. Note: Reuters has ...


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