JAKARTA (Yosefardi) – PT Austindo Nusantara Jaya Tbk (ANJT) allocates capital expenditure (capex) of US$80 million, equivalent Rp920 billion, for this year, funded by internal cash and bank loan.
The company will use its capex for funding palm mill construction and plantation infrastructure in West Kalimantan. It also has palm plantation in South Sumatra and West Papua.
Currently the company, through its unit PT Sahabat Mewah dan Makmur, has palm oil plantation field with planted area of 14,229 hectares and crude palm oil (CPO) mill with production capacity of 60 tons per hour.
ANJT targets to produce 180,000 tons of crude palm oil (CPO) this year.
Meanwhile PT Dharma Satya Nusantara Tbk (DSNG) also allocates capex of US$80 million for this year. It is now constructing 2 CPO mills.