Toyo buys IKPT stake

Japan’s Toyo Engineering has picked up a 47% stake in Indonesia’s Inti Karya Persada Teknik, (IKPT) amid an increase in tendering activity for infrastructure and oil and gas projects in the south-east Asian country.

Staking a claim: Toyo has bought a 47% interest in Indonesian company IKPT
Staking a claim: Toyo has bought a 47% interest in Indonesian company IKPT
Published 7 February 2012, 04:17Updated 11 October 2016, 06:51
Asia & Oceania