Four years ago, December 2013, then President Susilo Bambang Yudhoyono inaugurated commercial operation of steel mill Phase I of PT Krakatau Posco, a joint venture between KRAS and South Korean giant Posco. Expectations were high that the JV will contribute significantly to KRAS. The success was expected to follow with construction of Phase II to make a total investment of US$5-6 billion.To subscribe please click here
