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Four Companies Invest Their Capital in Karimun

Written By Kepri Online on Monday, February 27, 2012 | 21:24

Four of the eight companies that signed a memorandum of understanding on a birthday celebration for the 12th Karimun Regency in October 2011 proposed permit location for business development in free trade zone/FTZ Karimun, Riau Islands province.

The four companies, namely PT Soma Daya Utama engaged in steam power plants and three shipbuilding companies, each PT Arif Darmawan Mandiri, PT Bahtera Jaya and PT Mustika Maritindo Barito Alam, Deputy Chairman of the Karimun Free Trade Zone (FTZ) Board, Muhammad Tahar.

Muhammad Tahar said the four companies were asking permission business location in the Pangke Village, District Meral is a free trade zone or FTZ.

"With the filing of the site permit, then the company's fourth confirmed serious to invest and is expected to drive industry growth in the FTZ. Value of investments of four companies that reach hundreds of billions of dollars," said Tahar who also served as Head of Integrated Services Licensing (BPPT) Karimun.

Meanwhile, four other companies are still in principle permit the preparation stage. The four companies, each Galant Project Management Sdn Bhd, PT Petromas Winstat engaged in clean water, PT Karimun Investment is engaged in the hospitality and shopping and shipbuilding company PT Dian Kosmopolitan.

"To date, four companies had not said it would cancel plans to invest. We certainly hope the eight companies that signed a memorandum of understanding on the 12th anniversary of Karimun to remain with the original intention," he said.

Special Galant Project Management Sdn Bhd, he said it would begin licensing arrangements in March for the company's management is preparing an investment plan in Dubai.

Galant Project plans to build a hotel and the development of hot water attractions in the Tanjung Hutan, Buru district with an investment of 300 million Singapore dollars.

While the PT Karimun Investment will build a hotel and shopping center on the Karimun Besar island with an investment of 20 million U.S. dollars.

Then, PT Dian Kosmopolitan is a shipbuilding company in the village and PT Petromas Winstat Pangke will partner with local companies (Perusda) Karimun for the development of clean water installations.
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