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View all search resultsPublicly listed plantation firm PT Astra Agro Lestari (AALI) plans to spend Rp 1.16 trillion (US$87.02 million) in the second half of this year, mainly to improve unproductive plantations and finish construction of a fertilizer plant.
Publicly listed coal miner PT Toba Bara Sejahtra has allocated US$60-65 million in capital expenditure this year, 85 to 90 percent of which will be used for the initial engineering, procurement and contracting (EPC) phase of its Sulbagut-1 coal-fired power plant project in Gorontalo province.
Publicly listed nickel miner PT Vale Indonesia (INCO), a local subsidiary of Brazilian mining giant Vale SA, has allocated nearly US$90 million in capital expenditure to finance its operation this year, including to upgrade its nickel smelter.
State-owned air navigation firm Flight Navigation Service, also known as AirNav, has earmarked Rp 800 billion ((US$59.9 million) to improve its flight security system for the western part of the country this year.
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