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Monday, March 26, 2007

Indonesia`s Medco to build US$58 mln office tower

Jakarta (ANTARA News/Asia Pulse) - The country's largest local energy company the Medco Group is building its own 43-floor tower in South Jakarta, with a total investment of Rp520 billion (US$57.7 million).

The head office of the company group would occupy 16 floors with total floor space of 22,000 square meters, project manager Bambang Tri said.

He said construction had been underway since June last year and would be completed by the end of this year.

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