Palembang, South Sumatera (ANTARA News) - A Korean company will invest Rp6.7 trillion in two energy sector projects in the Banyuasin special economic zone (KEK) in South Sumatra.

"The company will build a gas pipeline and steam power plant (PLTU)," Director of the Regional Mining and Energy Company A. Yaniarsyah stated here on Monday.

The 200-kilometer-long pipeline will stretch from the Jambi border to the Banyuasin KEK, while the PLTU, with a capacity of 2x115 megawatts, will be used to meet the energy demands of the region.

Yaniarsyah stated that such projects will be developed based on the agreement signed between the Korean and local companies.

The projects are aimed to boost the development of the KEK and to attract more investors.

South Sumatra Governor Alex Noerdin had earlier underscored the importance of building projects in the energy sector to develop the KEK.

Therefore, a regional company owned by the South Sumatra provincial government has intensified cooperation with its foreign counterparts to develop the energy sector projects.(*)

Editor: Heru Purwanto
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