Jakarta (ANTARA News/Asia Pulse) - The regional investment board of South Sulawesi says construction work on a Rp28.3 trillion (US$3.1 billion) oil refinery in the province's Pare Pare region will begin in December this year.
Investment board official Andi Nuralam, said a joint venture between Saudi, U.S. and Indonesian investors is set to be signed, allowing for work to begin on the project - as soon as an environmental analysis report on the site is approved.
So far, the project has been delayed several years from its first conception in 2003, partly because of the long time taken to complete the environmental study, Nuralam said.
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