According to Dwi Soetjipto, the managing director of Semen Indonesia, the company is planning to team up with property developer Wijaya Karya in the country to develop office and residential buildings on its ex-cement plant site. The Indonesian cement producer is said to be planning to set up a 50:50 new joint venture unit for this purpose. It is reported that involvement in the infrastructure sector, such as toll road and the power plant business, are being explored.
According to Dwi Soetjipto, the managing director of Semen Indonesia, the company is planning to team up with property developer Wijaya Karya in the country to develop office and residential buildings on its ex-cement plant site.
The Indonesian cement producer is said to be planning to set up a 50:50 new joint venture unit for this purpose.
It is reported that involvement in the infrastructure sector, such as toll road and the power plant business, are being explored.
