Indonesia: Minister of State-Owned Enterprises Dahlan Iskan has said that he expects that Semen Kupang, a local cement company in East Nusa Tenggara that went bankrupt in 2008, will re-open and build a third plant to meet demand for cement in the region.
In 2008 Semen Kupang formed a joint operation scheme with Sarana Agro Gemilang (SAG) to cope with its debts. Dahlan explained that all of Semen Kupang's debt has been paid and that the company 'must' expand its business by developing the national cement industry to meet national demand.
