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Siemens and PT. Trafoindo Prima Perkasa entered into a joint venture named PT. Trafoindo Power Indonesia to manufacture power transformers in Tangerang, Jakarta. Siemens holds 49% and Trafoindo 51%. Initial production is scheduled for 2019 with 200 jobs.
Siemens and PT. Trafoindo Prima Perkasa have agreed to form a joint venture named PT. Trafoindo Power Indonesia, with Trafoindo holding 51% and Siemens 49%. The facility in Tangerang, Jakarta, will create 200 jobs and start production in 2019 with an annual capacity of approximately 200 units.