Mandiri handles the funding for Semen Gresik

PT Semen Gresik Tbk assigned Bank Mandiri and PT Mandiri Sekuritas to help seek IDR6 trillion for the company needs.
Managing Director of Mandiri Sekuritas Kartika Wirjoatmodjo said the company jointly with Bank Mandiri ready to help seek fund for Semen Gresik.
"The fund includes for the company expansion through plant construction in Pati and Sulawesi. It is huge fund worth above IDR5 trillion and it will promptly be signed," he said.
The company plans to continue expansion with new plant construction with 2.5 million tons per year capacity in Pati, Central Java and Pangkep , South Sulawesi, and the construction of two PLTU with total capacity of 70 MW.