Turkish investor awaits for mining permit
Wednesday, August 29 2012 - 01:24 AM WIB
A Turkish investor is waiting for a mining permit from the Energy and Mineral Resources Ministry to produce geothermal power in South Sumatra.
?The permit is being processed at the Energy and Mineral Resources Ministry. The South Sumatra administration will support the plan,? a senior official of the investment office of the South Sumatra administration, told Antara news agency on Tuesday.
He did not name the investor but said that the Turkish company would invest between Rp 6 trillion and Rp 9 trillion to develop the geothermal potential in the province. He hoped the investment from the Turkish company would help the province reach its investment target of about Rp 13.8 trillion this year.
In the first semester, the South Sumatra province received investment of about Rp 5.8 trillion.(*)