State Development and Investment Corporation (SDIC), China’s largest state-owned investment holding company, is looking into setting up a cement plant in Manokwari, West Papua, with an anticipated investment of US$200m, an official says.
SDIC is currently conducting a feasibility study for the plant, which it expects to begin building in 2013 and complete in 2014, Industry Ministry upstream chemical industry director Tony Tanduk told The Jakarta Post on Wednesday.
“The firm has already found the source of raw materials but is still looking for a source of energy, since it will require quite a lot of coals to support its production activities,” Mr Tanduk said.
The firm also asked the government to help provide infrastructure, including a port, since this would allow it to distribute cement to surrounding areas such as Maluku and Papua New Guinea. Mr Tanduk said that once operational the plant would produce around 1Mta of cement.