2008-07-29 Global Financial Investment Holding is ready to invest US$ 100 millions
Jakarta -Global Financial Investment Holding, an investor from Oman is interested in investing US$100 millions in plantation sector and energy sector in Indonesia. This investation will be realized in 2009. The first issue is the plantation development in Indonesia followed by building a compressed natural gas (CNG) factory in cooperation with PT Energy CNG.
Explanations were given by Directorate General of Agro and Chemical for Industry, Benny Wachjudi at the Department of Industry after accompanying the President Director of Global Financial, Ahmed Saeed Al Hoqani and President Director of PT Energy CNG, Septo Adjie Sudiro to meet the Minister of Industry, Fahmi Idris on Friday (25/7/2008). "The discussion is still in the initial stage, it is a medium scale investment, they are serious to realize the projects next year.", Benny said.
Having the same vision with Benny, The President Director of PT Energy CNG, Septo Adjie Sudiro said that review on this investment from Oman has been finalized. Accordingly, they will construct CPO and corn plantation this year in Lampung with around 100 hectares of land to be expanded to 500 hectares. He added that this partnership had been granted a permission from BKPM, and they will go to Department of ESDM later.
Septo said that this investor from Oman had experience in the sector of food development around the world, such as 1600 hectares of wheat and sweetcorn in Romania, over 1000 hectares in Egypt. Global Financial even has banks in some ASEAN countries such as Vietnam, Singapore, Malaysia and Thailand.