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PRESS DIGEST-Indonesian Business News - April 11

Thu Apr 10, 2008 9:21pm EDT

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Following are the leading business stories in the main Indonesian newspapers on April 11.

Reuters has not verified these stories and does not vouch for their accuracy. Telephone: Editorial: +62-21-384-6364. Fax: +62-21-344-8404 or Help Desk: +803-061-2124 (toll free).

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JAKARTA POST

- MEDCO TO BUILD $55 MLN BIOMASS PLANT IN SINGAPORE

Indonesian energy company PT Medco Energi and Singapore's Biofuel Industries plan to invest $55 million to develop a biomass cogeneration power plant in Jurong, Singapore.

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INVESTOR DAILY

- HOLCIM TO INVEST $500 MLN IN NEW PLANT

PT Holcim Indonesia Tbk (SMCB.JK), the Indonesian unit of Swiss cement maker Holcim (HOLN.VX), said it will invest $500 million in a new factory in East Java's Tuban regency next year. The new plant will produce 1.5 million tonnes of cement a year.

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