IMPC – Continuing factory expansion

Impact Pratama Industri (IMPC) is building a factory in the Batang Integrated Area, Central Java and has carried out ground breaking. IMPC this year allocated IDR280 bn capex for the acquisition of land and buildings, machinery, vehicles as well as office equipment and factory equipment. IDR150 bn of the total capex is used for the expansion of a new factory in KTB. To date, capex has been absorbed amounting to 37% of the total allocation, most of which is realized for buildings and other investments. (Source : Kontan)