JAKARTA. PT Indonesia Kendaraan Terminal Tbk or IPC Car Terminal (IPCC) has prepared a capital expenditure (CapEx) of Rp 200 billion-Rp 250 billion this year.
Investor Relations of IPCC, Reza Priyambada, said that the budget would be used to improve land, both in the international and domestic fields. Also for lighting installation, access point installation, and system synchronization so that all operational and financial activities are integrated, and hardening the ex-DKP and ex-PP land, Reza added as quoted by Kontan, Thursday (26/3).
Reza said the expansion was still going according to plan despite the spread of the Covid-19. So, said Reza, the budget could also be disbursed for expansion at Patimban Port which is still being discussed at the government level. "So, for the expansion, it is still on progress," added Reza.
He said he was only worried that the performance of the company could be affected if all import and export destination countries restricted exports of vehicles. (AM/AR)