PROJECT

Projects

Summary of Investment Information

Project Number

32208

Company Name

SAYAP MAS UTAMA, PT

Date SPI Disclosed

Nov 30, 2012

Country

Indonesia

Region

East Asia and the Pacific

Projected Board Date

Jan 10, 2013

Environmental Category

B - Limited

Status

Completed

Last Updated Date

Jun 12, 2021

Department

Gbl Ind, Manufact, Agribus & Services

Industry

Agribusiness and Forestry

Previous Events

Approved : Apr 23, 2013
Signed : May 27, 2013
Invested : Jul 30, 2013

Sector

Soft Drink

Project Description

The Wings Group (or the “Sponsor”) is undertaking a US$176 million project (i) to expand its beverage product lines under PT Tirta Alam Segar (PT TAS), (ii) to expand fruit flavored beverage in plastic cups under PT Murni Alam Segar (PT MAS), (iii) to commission a greenfield coffee mix production under PT Harum Alam Segar (PT HAS), and (iv) to increase the capacity of existing detergent business under PT Sayap Mas Utama (PT SMU).

Sponsor / Cost / Location

Development Impact

E&S Category Rationale / Risks and Mitigation