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SEW Infrastructure Ltd, through its overseas subsidiary, signed an MoU with Surya Kapenjen, a company based in Indonesia, on Tuesday for development of a road project.
The MoU was inked through SEW Trident Global Pte Ltd, a subsidiary of the Hyderabad-based infrastructure company, SEW and Indonesian company, by Mr C. Srikanth, Director of SEW, in the presence of Indonesian President, Mr Susilo Bambang Yudhayono.
The deal entails development of a 84-km hauling road on build-own-operate mode and the port which would feed the cargo in East Kalimantan province of Indonesia.
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