JAKARTA (Yosefardi) – PT Austindo Nusantara Jaya Tbk (ANJT) said its unit PT Austindo Nusantara Jaya Agri Siais had in April 23, 2014 signed loan agreement of US$10 million with PT Kayung Agro Lestari, also unit of ANJT.
The loan has tenor of 3 years and carries coupon of 2.75% per year, used to fund crude palm oil (CPO) mill in West Kalimantan.
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.
The company spent US$3.5 million for the biogas powerplant construction in Belitung. It will also plans to build biogas powerplant in other CPO field in Sumatra, Kalimantan and Papua.