The three state companies have been ready to operate in MyanmarJakarta (ANTARA News) - Minister for State Enterprises Dahlan Iskan said the Myanmar government has granted licenses for three Indonesian state companies to operate in that country.
Construction company PT Wijaya Karya (Wika), tin mining company PT Timah, and cement producer PT Semen Indonesia have secured the license and are ready to expand business in that country, Dahlan said here on Tuesday.
"The three state companies have been ready to operate in Myanmar," he said after chairing a meeting of leaders of state companies at the office of state oil and gas company PT Pertamina.
Dahlan said the three companies are among 15 state companies seeking business expansion to Myanmar.
The three companies already opened representatives offices in Myanmar, he said.
Wika is licensed to operate as construction service consultant and build a factory to produce concrete poles.
"Wika has already had a location for the factory to be owned jointly with a Myanmar local company," he said.
Meanwhile, PT Timah won a tin mining concession and PT Semen Indonesia is licensed to build a new cement factory with a production capacity of one million tons a year.
Dahlan said the expansion by the state companies is in line with the government program of increasing the capacity and competitiveness of state companies at the international levels.
"I have visited to inspect the situation in Myanmar. The political condition has improved over the past six months," he said.
That country has recorded significant progress in economic development, he said.
"Democratization has taken process without a big bang in Myanmar. It has become a democratic country with a soft landing," he said.
Other state companies seeking expansion to Myanmar include electric utility PT PLN, aircraft repair company PT Garuda Maintenance Facilities (GMF), coal producer PT Bukit Asam, board of logistics Bulog, PT Bank Negara Indonesia, fertilizer producer PT Pupuk Indonesia and telecommunications company PT Telekomunikasi Indonesia.
(H-ASG)
Editor: Ella Syafputri
Copyright © ANTARA 2013
