The target could be achieved with hard work and with the use of higher technology."Madiun (ANTARA News) - The state-owned rolling stock manufacturing corporation, PT INKA, hopes to chalk up Rp5 trillion in sales in 2019, up from Rp1.8 trillion in 2016.
Chief Executive of PT INKA R. Agus Purnomo expressed optimism that the target could be reached with growing demand for its products in the country and for exports.
South Asia and Africa are still potential markets for INKA products, Agus said here.
He cited currently INKA is working to meet orders from Bangladesh and Sri Lanka with contracts worth trillions of rupiahs.
"The target could be achieved with hard work and with the use of higher technology," he told reporters here.
He said the high target was based on the trend over the past years, pointing out sales in 2016 reached Rp1.8 trillion, overshooting the target of Rp1.6 trillion.
"This year the target is set at Rp2.6 trillion, and we are optimistic the target could be reached," he said.
He said INKA would continue to launch new products such as "Light Rail Transit" (LRT) in order to reach the target.
INKA also produces transport equipment other than railways such as articulated buses and small train components.
INKA takes part in the project of Soekarno-Hatta airport railway and cooperates with the state-owned railway company PT KAI to replace hundreds of coaches.
Finance and Human Resource Director of PT INKA Mohamad Nur Sodiq said INKA is also backed up by a number of its good performing subsidiaries.
INKA subsidiaries include PT INKA Multi Solusi (IMS), which has its subsidiaries -- PT INKA Multi Solusi Service (IMSS), PT INKA Multi Solusi Trading(IMST) and PT INKA Multi Solusi Consulting (IMSC).
(Uu.H-ASG/F001)
Editor: Priyambodo RH
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