ISDN Holdings has established PT Bantaeng Corporation (PTIBC) with two Indonesian companies, namely PT Centuri Indonesia Sekawan and Perusda Bajiminasa Kabupaten Baenteng, to develop and manage an industrial complex in South Sulawesi, Indonesia.
PT Centuri Indonesia Sekawan has interests in mining, property development and construction while Perisda Bajiminasa Kabupaten Baenteng is a state-owned entity. ISDN holds 85% interest in PTBIC.
The Bantaeng Bupati Regency has appointed PTIBC as the exclusive manager and developer of Bantaeng Industrial Park.
The Banteang Industrial Park is positioned by the Indonesian central and local governments as a key smelting hub for the commodities trade, in particular nickel.
ISDN says 3,000 hectares of industrial land has been set aside for the development.
Bantaeng is 120km away from Makassar, the capital city of South Sulawesi which is a region rich with natural resources that drive agricultural, nickel and oil and gas industries. With 20km of coast line, it is also an ideal spot for a deep sea harbour in between shipping lines.
ISDN closed 4.7% lower at 20.5 cents.
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PT Centuri Indonesia Sekawan has interests in mining, property development and construction while Perisda Bajiminasa Kabupaten Baenteng is a state-owned entity. ISDN holds 85% interest in PTBIC.
The Bantaeng Bupati Regency has appointed PTIBC as the exclusive manager and developer of Bantaeng Industrial Park.
The Banteang Industrial Park is positioned by the Indonesian central and local governments as a key smelting hub for the commodities trade, in particular nickel.
ISDN says 3,000 hectares of industrial land has been set aside for the development.
Bantaeng is 120km away from Makassar, the capital city of South Sulawesi which is a region rich with natural resources that drive agricultural, nickel and oil and gas industries. With 20km of coast line, it is also an ideal spot for a deep sea harbour in between shipping lines.
ISDN closed 4.7% lower at 20.5 cents.
Click Here To Register For Free Trial Services OR Give A Missed Call : +6531581402 Follow Us On Twitter : www.twitter.com/epicresearchsg Like Us On Facebook : www.facebook.com/EpicResearchSingapore Need Any Assistance Feel Free To Mail Us at : info@epicresearch.sg
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