JAKARTA (Yosefardi) – PT Multipolar Technology Tbk (MLPT) allocates capital expenditure (capex) of Rp394 billion for this year, funded by internal cash (60%) and external or bank loans (40%).
The capex will be allocated to its subsidiaries PT Graha Teknologi Nusantara, a data center operator, and PT Visionet Internasional, engaged in business process managed service.
Graha Teknology schedules to launch the groundbreaking of data center in Cikarang next month, targeted to operate in the first half of 2016.
This project costs US$200 million. Mitsui Knowledge Industry Co. Ltd. and Mitsui & Co. Ltd. also hold interests in this project.