PT INKA builds a new railway factory in Banyuwangi, its investment



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TRIBUNNEWS.COM, BANYUWANGI – In a series of working visits of the SOE Minister, Rini Soemarno, in Banyuwangi, came to the place to be built by the PT INKA factory, the village of Ketapang, Kalipuro sub-district, Banyuwangi, Sunday (1/7/2018). The investment of the second PT INKA train plant is worth Rp 1.6 trillion.

"The demand for the domestic railway is increasing, while the Madiun factory has shrunk the earth, we need a new factory and we are installing it in Banyuwangi" says Rini .

According to Rini, currently many countries are buying artificial trains RI. Indonesia has signed a joint venture for the purchase of trains with the Philippines

"PT INKA has exported to various countries, in addition to the Philippines as well as Bangladesh, Malaysia, Singapore and from Australia, "said Rini. Rini hopes that with the construction of this second railway plant, PT INKA will be able to meet the demand and dominate in Southeast Asia, Southeast Asia and Africa

The railway plant is built on a plot 84 hectares, using PTPN XII lands. The construction of the plant is carried out in two phases

The first phase of development is expected to start end 2018 and start operating in early 2020. The total investment of this project is 1.6 trillion Rs.

Budi Noviantoro, Director PT INKA (Persero) said that the company is completing the licensing process and design of a modern plant that will be used to produce aluminum rail facilities and in stainless steel

"The Banyuwangi government also responds very well to the construction project of this plant, says Budi.

The location of this plant is very strategic.At the port of Tanjung Wangi which is managed by PT Pelindo III, which will significantly support the company in the process of delivery of finished products by sea, both for export and for domestic needs outside of Java.

The toll road Probolangi (Probolinggo-Banyuwangi) is expected to be completed by the end of 2019.

Budi explained that PT INKA has recorded an increase in export sales over the past three years, reflected in the value of export contracts of 850 billion Rp in 2015 Rp 1.33 billion in 2017.

This article appeared on surya.co.id under the title PT INKA Investasi Rp 1.6 Trillion to the Banyuwangi Railway Factory

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