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Jakarta Post

Lafarge may invest Rp 5t in N. Sumatra

  • Linda Yulisman

    The Jakarta Post

Jakarta   /   Mon, July 4 2011   /  08:00 am

France’s Lafarge SA, the world’s largest cement producer, reaffirmed its commitment to building a cement plant in Langkat, North Sumatra, with an investment of up to Rp 5 trillion (US$585 million), a minister says.

Industry Minister M.S. Hidayat said Sunday that Lafarge was currently finalizing a feasibility study for the project and exploring sources of raw materials in the area, while also designing an environmental impact analysis to be submitted to the Environment Ministry.

“If all runs well and Lafarge can get an investment permit from the BKPM [Investment Coordinating Board] at the end of this year, construction of the plant will start at the beginning of next year,” Hidayat told The Jakarta Post via telephone.Cementing investment: A worker wraps up a stack of cement sacks to be loaded onto a ship at Sunda Kelapa Port,North Jakarta, in this photo taken on Feb....