MEC (Minerals. Energy. Commodities) brings together the Governments of the Middle East, India and South East Asia to help answer the questions on the future of power supply. MEC has established a unique framework of companies to realize its vision in Indonesia’s East Kalimantan Province and subsequently other countries in the region such as China and India.
“MEC’s USD 5 Billion development of integrated industrial facilities will transform East Kalimantan into a model for the future of Indonesia, enabling it to attract investment of over US$20 billion by 2030”
- US$ 1 billion investment to build a 130 km railway, the first private railway in Indonesia and the first in Kalimantan between Muara Wahau and Bengalon
- US$ 2 billion investment with NALCO, an Indian government entity and Asia's largest integrated aluminium complex, in an aluminum smelter producing 500,000 tons of aluminum per annum.
- US$ 2 billion Power Plant in partnership with NALCO to produce 1,250 MW of power
- US$250 million investment in building one of the largest port terminals in East Kalimantan, able to handle cape-size vessels.
MEC’s coal mine in Muara Wahau which has the capacity to produce up to 32 million tons per annum and the rail corridor will enable the development of joint agricultural ventures such as a coal-based fertilizer plant, as well as the transportation of aluminum and other commodities including agricultural products and coal.
"This undertaking will create multiple benefits to the development of the local economy in East Kalimantan. It sets a positive tone for future investments from the Middle East" Indonesian President Susilo Bambang Yudhoyono.