SURABAYA: Indonesia's largest steel maker PT Krakatau Steel Tbk and one Chinese company plan to construct a steel plant in East Java amid to big iron sand potential, one of steel raw material, in the province.
The big investment is estimated to benefit the province. East Java Governor Soekarwo assured the matter. “Krakatau Steel is planned to construct in Probolinggo Municipal and Pasuruan Municipal. Local government is expected to profide 400 hectare land,” he said to Bisnis today.
The Chinese manufacturer is planned to construct in Lamongan Municipal. “The Shanghai-based manufacturer will invest US$1 billion to construct the plant.” (T05/wiw)
The big investment is estimated to benefit the province. East Java Governor Soekarwo assured the matter. “Krakatau Steel is planned to construct in Probolinggo Municipal and Pasuruan Municipal. Local government is expected to profide 400 hectare land,” he said to Bisnis today.
The Chinese manufacturer is planned to construct in Lamongan Municipal. “The Shanghai-based manufacturer will invest US$1 billion to construct the plant.” (T05/wiw)
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