Japan’ manufacturer Hashimoto Corp. and local firm PT Sula Kor Energi (SKE) will invest a total of Rp3.9 trillion in the Special Economic Zone Palu, Central Sulawesi. Hashimoto planned to build wood pellet industry with costs of Rp2.4 trillion, while SKE will develop a 33 megawatts power plant worth of Rp1.5 trillion.

Beside Hashimoto and SKE, there are several companies with substantial investment value that are already under construction in Palu. There is PT Wan Hong Indonesia, unit of Chinese Wang Hong, which invested Rp800 billion to build a copper processing plant in the SEZ.