PRESS DIGEST-Indonesian Business News - April 11

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

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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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