KPC provides facilities for E. Kalimantan high school, university

East Kalimantan-based coal mining giant PT Kaltim Prima Coal (KPC) on Thursday signed agreements with two local educational institutions to provide them with necessary facilities.

Under its agreement with Pangeran Antasari Foundation, KPC will build a two-story building for the foundation?s high school in Sangatta, the capital of East Kutai regency where KPC operates a huge coalmine. A library and a pray hall will be established in the building.

Meanwhile, another agreement it signed with Balikpapan University entailed that KPC would donate to it notebooks, computers, printers and overhead projectors.

KPC president director Noke Kiroyan said his company was fully committed to the development of people in East Kalimantan. Accordingly, his company would continue doing concrete things for the welfare of the local people, Noke said in the agreement signing ceremony.

KPC is equally owned by Anglo-American energy giant BP PLC and Anglo-Australian mining firm Rio Tinto. It is in the process of divesting 51 percent of its shares to Indonesian investors as required by its contract. (leo)