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Jakarta Post
The Jakarta Post
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Coal, aluminum firms to invest $4.76 billion in East Kutai

  • The Jakarta Post

Jakarta | Thu, July 12 2012 | 08:01 am

PREMIUM Two foreign firms plan to develop projects worth Rp 45 trillion (US$4.76 billion) in East Kalimantan, the province’s top official says.

The projects will be funded by Rhas Al Khaima, a United Arab Emirates-based coal mining company, and National Aluminium Co. (Nalco), an Indian-based manufacturer and distributor of aluminum products, East Kalimantan Governor Awang Faroek said in a telepho...