Consortium led by South Korean company to build US$6.5 billion industrial zone in Indonesia squib

A private consortium led by a South Korean company has announced that it will invest an estimated US$6.5 billion in a new industrial zone, seaport and coal-fired power plant in Indonesia’s North Kalimantan province. The project will be built on 5,664 hectares of land at the Tanah Kuning-Mangkupadi international port and industrial zone, which is currently under construction. Choi Jong-oh, CEO of consortium leader PT Dragon Land, said the exact amount to be invested will only be fixed...
Scroll for more
Continue reading on South China Morning Post...
Tags: