Languages Available
V
Videos » Indofood budgets Rp 9 trillion capex 2015.
11 May 2015

JAKARTA - PT Indofood Sukses Makmur Tbk (INDF) budgets Rp9 trillion for capital expenditures in 2015. According to Thomas Tjhie, director of PT Indofood, the allocation of capital expenditures this year is divided into 3 divisions. CBP (consumer based products) will be allocated 30% of total capex, Bogasari division 26%, and agribusiness division 26%. According to Anthoni Salim, president director of Indofood, the connection between macro and micro economies is related to Indofoods annual performance. With the fluctuation of US and Rupiah currency it is hard to determine as the cost prices and if that will allow for sizeable imports. "For instance, Danone's import, packaging material and few other flavorings have a sizeable import," he added. --