Publicly listed cement maker PT Semen Gresik wants to build a cement bagging plant in Papua with an investment of up to IDR150bn (US$16m).
The project is part of the program of the state company to expand distribution network to the eastern most region of the country, its President Dwi Sutjipto said.
The country’s largest cement maker is also planning to build special port in that region that will cost up to IDR30bn.
The cement bagging project is expected to be implemented next year, Sutjipto said, adding construction will take one and half years.
He said the company also plans to build a new cement factory to cost US$350m in West Sumatra, in which it has a large subsidiary PT Semen Padang.