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China to build 2 steel plants in Indonesia
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It is reported that China Steel Resources Holding Company will build two steel factories with a combined capacity of 3 million tonne per annum in Indonesia
As per report the construction of the steel plants will be carried out in two stages within a span of five years with the first plant to be built atBanjarmasin in South Kalimantan .
Mr Achmad Kurniadi of the Investment Coordinating Board on the sidelines of an international convention of Chinese businessmen said that "In the first stage, the steel plant to be built will have a capacity of 1.5 million tons inBanjarmasin
He said the location of the steel plant that would be built in the second stage had not yet been decided.
Mr Achmad hoped that Chinese investors attending the convention would be attracted to make their investment in other sectors such as the manufacturing and transportation sectors. He added that "The Chinese investors have looked at the mining sector in the country and we are waiting for their investments in the transportation sector as well."
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As per report the construction of the steel plants will be carried out in two stages within a span of five years with the first plant to be built at
Mr Achmad Kurniadi of the Investment Coordinating Board on the sidelines of an international convention of Chinese businessmen said that "In the first stage, the steel plant to be built will have a capacity of 1.5 million tons in
He said the location of the steel plant that would be built in the second stage had not yet been decided.
Mr Achmad hoped that Chinese investors attending the convention would be attracted to make their investment in other sectors such as the manufacturing and transportation sectors. He added that "The Chinese investors have looked at the mining sector in the country and we are waiting for their investments in the transportation sector as well."
Please send us your needs, and we will reply to you within one business day, thanks!
