The Jakarta Post
The government plans to build a petrochemical industrial estate in West Papua next year to help meet rising demand for petroleum-based products and reduce dependency on imports, officials say.
Industry Minister MS Hidayat said on Thursday that a master plan was being drafted and would soon be followed by a feasibility study.
“We have a potential space of 400 hectares there. The gas supply for the industry can be sourced from the Tangguh field,” he told reporters at his office in Jakarta.
The master plan, which maps out the infrastructure and funds required for the development, should be completed by October, according to Industry Ministry director general for industrial regions development Dedi Mulyadi.
British Petroleum has already expressed an interest in investing in the estate, he added.
Other investors submitting proposals include state-own...