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Bakrie, Samsung team up in $2b power plant project

Friday, February 4 2011 - 12:51 AM WIB

Indonesia-listed diversified conglomerate PT Bakrie & Brothers Tbk (BNBR) through its subsidiary PT Bakrie Power is teaming up with South Korean firm Samsung Corp. to build power project worth US$2 billion.

BNBR CEO was quoted by Investor Daily as saying that due diligence on the project, which detail is undisclosed, will be completed in March.(*)

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