Indo Straits get Rp 49.5b contract
Tuesday, November 3 2015 - 12:55 PM WIB
By Ruli Setiawan
IDX-listed mining engineering firm PT Indo Straits Tbk announced that on Oct. 30, 2015, it received a contract from a multinational company, a leader in nickel business in Indonesia located at South Sulawesi, for dredging works maintain and restore the depth of the river used by the firm for transportation.
The project is scheduled to be completed within 12 months with a contract value of around Rp 49.5 billion.
The firm however did not reveal the identity of the client.
Editing by Johannes Simbolon