JAKARTA (Yosefardi) – PT Saratoga Investama Sedaya Tbk (SRTG) allocates US$100-150 million for investing in 3 main sectors — natural resources, infrastructure, and consumption — next year.
In infrastructure, the company will invest in road, port, and electricity. It will also boost oil refinery business through PT Tri Wahana Universal and its upstream business through PT Interra Resources.
SRTG also supports its unit PT Tower Bersama Infrastructure Tbk (TBIG) to acquire more towers from PT Telekomunikasi Indonesia Tbk (TLKM) and towers of PT Telekomunikasi Seluler (Telkomsel), unit of TLKM.
SRTG also plans to launch the initial public offering (IPO) of its units, PT Medco Power Indonesia and PT Tri Wahana Universal in 2015.