Jakarta (ANTARA News/Asia Pulse) -- Indonesian construction company PT Wijaya Karya (Wika) (JSX:WIKA) said it plans to build an asphalt extraction plant with an investment of Rp300 billion (US$25.2 million) by the end of this year.
Wika will team up with PT Sarana Karya, which hold an asphalt mining concession, to build the factory on the Buton island off Southeast Sulawesi, Wika secretary Imam Sudiyono said.
Wika and Sarana Kaya have agreed to cooperate although no agreement has been signed, Imam said, adding that Sarana Karya will provide its mining rights and Wika will handle the marketing of asphalt.
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.