Bakrie Builds Plant in Qatar

Wednesday, 18 February, 2009 | 16:58 WIB 

TEMPO Interactive, Jakarta:PT Bakrie Building Industries and Malaysia's TechAir Corporation Sdn Bhd will collaborate in building a construction material plant in Qatar. Bakrie Indo Infrastructure president director, Bobby Gafur Umar, said his company will first conduct a market feasibility test in 2 – 3 years time. "We want to try to penetrate the market first," he said yesterday. 

Bobby said that Bakrie will provide the plant's technology, while TechAir will build the plant. However, he could not yet confirm the plant's investment value and production capacity. Qatar was chosen as the site of the plant because of the market potential. TechAir is also familiar with the construction material market in the Middle East. 

TechAir Executive Chairman Ahmad Ghazali said the collaboration between the two companies will be a joint venture. Current exports consist only construction materials. However, "We will later produce other products, like pipes," Ahmad said. TechAir is a foreign-investment company owned by 100 percent by Malaysia. 

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