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Semen Indonesia seeks Rp 6t for 2014 expansion
Cement company PT Semen Indonesia said it needed Rp 6 trillion (US$ 508
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Cement company PT Semen Indonesia said it needed Rp 6 trillion (US$ 508.9 million) capital expenditure (capex) for expansion in 2014.
The company's president director Dwi Soetjipto said that it had between Rp 4 trillion and Rp 5 trillion.
'The available capex currently does not include expansion plans in Myanmar and Bangladesh. To do that, we need a total of Rp 6 trillion,' Dwi said as quoted by Kontan.co.id.
He added that the company would seek external financing to meet its capex target in 2014.
