The Saudi major will be offered the chance to pour money into facilities in Riau, West Java and East Kalimantan.
Pertamina and Saudi Aramco are already under a joint venture agreement for work on the Cilacap refinery in Central Java, which is expected to result in an investment of around USD 6 billion.
Talking to Tribune News, the director general of the ministry of industry’s chemical industry and textiles branch, Achmad Sigit Dwiwahjono, said the government was working to attract between USD 3 billion and USD 4 billion in Saudi investment for the Indonesian chemicals industry.
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