ABM Investama to develop bonded logistics center
Tuesday, August 23 2016 - 02:51 AM WIB
IDX-listed integrated energy company PT ABM InvestamaTbk through subsidiary PT Cipta Krida Bahari plans to develop a bonded logistics center for oil and gas and mining, Kontan reported on Tuesday.
The paper quoted YoviePriadi, President Director of power company PT Sumberdaya Sewatama, a subsidiary of ABM, as saying that the company was eying two potential locations for the planned project: Timika in Papua, and Tual in Maluku.
He said that ABM is also seeking a partner that owns the required land. He said that ABM has been in talks with a number of potential partners, but has yet to make decision. No further details were provided about the planned project. (*)