KONTAN.CO.ID - JAKARTA. Lion Air Group needs a budget of Rp10 trillion for the development of a subsidiary, Batam Aero Technic, in Batam. The area of development of this project is 30 hectares (ha). Lion Air has received a land lease contract for 50 years. In addition to funding the construction of the project, the budget is also for equipment expenditure. "We will seek funding from internal cash and banks, as long as it is feasible and possible," Lion Air Group Director Edward Sirait said on Batam last week. The construction of the Batam Aero Technic project will take place in five stages. Now Lion Air Group is in the third stage of development.
Lion Air needs Rp 10 trillion for the Batam Aero Technic project
KONTAN.CO.ID - JAKARTA. Lion Air Group needs a budget of Rp10 trillion for the development of a subsidiary, Batam Aero Technic, in Batam. The area of development of this project is 30 hectares (ha). Lion Air has received a land lease contract for 50 years. In addition to funding the construction of the project, the budget is also for equipment expenditure. "We will seek funding from internal cash and banks, as long as it is feasible and possible," Lion Air Group Director Edward Sirait said on Batam last week. The construction of the Batam Aero Technic project will take place in five stages. Now Lion Air Group is in the third stage of development.