Indonesie Forum

The country’s biggest cement producer, PT Semen Indonesia, is targeting 8 percent sales increase this year and allocating up to Rp 5 trillion (US$429 million) of capital expenditure (capex) to help enhance production capacity.

Semen Indonesia corporate secretary Agung Wiharto said Monday that the company expected its sales volume to grow 8 percent from 27.8 million tons last year.

“We will enhance production at our existing facilities to achieve the target,” he said.

The publicly listed company aims to produce 31.8 million tons of cement, up by 6 percent compared to 30 million tons last year. It has set a long-term target of 40 million tons of cement in 2017.