Gresik to support government’s development programme

Gresik to support government’s development programme
Published: 17 June 2011

Indonesian state cement maker PT Semen Gresik Tbk will spend up to IDR22trn (US$2.57bn) on improving cement supply until 2014 to support a master plan for acceleration and expansion of Indonesia’s economic development (MP3EI), a minister said.

"In the near future Semen Gresik Grup will build a cement plant in Kalimantan at a cost of Rp3.5 trillion," State Enterprises Minister Mustafa Abubakar said on the sidelines of a seminar on Thursday.
The cement plant in Kalimantan would have a production capacity of 2.5Mta, he said.

By developing more cement plants, cement supplies to all parts of the country could be ensured to support infrastructure development, he said.

"In addition to the existing production capacity of 1.5Mt in Padang, West Sumatra, Semen Gresik Group still has a chance of building another plant with a production capacity of 1-1.5Mt there," he said.

In Aceh, opportunities were also open for Semen Gresik Grup to build a new cement plant, while the company also could use Papua as a center of bulk cement, he said.