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Indonesia’s CP Prima to spend US$242 mln on shrimp production
The world's largest shrimp producer PT Central Proteinaprima (CP Prima) will boost the shrimp production of its two subsidiaries in Tulang Bawang, Lampung. (7 Dec 2007) Business in Asia Today
7 December 2007
JAKARTA - The world's largest shrimp producer PT Central Proteinaprima (CP Prima) (JSX:CPRO) will spend up to US$242 million to boost the shrimp production of its two subsidiaries in Tulang Bawang, Lampung.
CP Prima's chief financial officer Gunawan Taslim said Tuesday that the company would set out on a program to revitalize PT Wachyubni Mandira and PT Aruna Wijaya Sakti, (formerly called PT Dipasena Citra Dharmaja.) CP Prima acquired Dipasena in May after the government announced that the aquaculture company could not pay its debt to the state.
Source: Business in Asia Today
