Indonesia: SI to invest US$4.3 billion for expansion in five years

The finance director of Semen Indonesia (SI), is reported as saying that the state cement company is planning to allocate some US$4.30 billion (€3.88 billion) for its capital expenditures in the next five years. The allocations are $687.7 million for 2015; $1.28 billion (2016); $1.06 billion (2017); $577.89 million (2018), and US$656 million (2019). The funding to boost capacity will depend on prevailing market conditions, and the company plans to generate the funding via a combination of bank loans a
Quarry Products / July 31, 2015

The finance director of 7818 Semen Indonesia (SI), is reported as saying that the state cement company is planning to allocate some US$4.30 billion (€3.88 billion) for its capital expenditures in the next five years.

The allocations are $687.7 million for 2015; $1.28 billion (2016); $1.06 billion (2017); $577.89 million (2018), and US$656 million (2019).

The funding to boost capacity will depend on prevailing market conditions, and the company plans to generate the funding via a combination of bank loans and internal cash.

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Semen Indonesia
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