Alsons Consolidated Resources Corp. plans to invest in power generation in Sulawesi, Indonesia as a part of the company’s international expansion, an executive said over the weekend.
“We are looking at Celebes, Sulawesi area because of its proximity to Mindanao and because of the literature that we have read on the plans of Indonesia to encourage infrastructure and economic development in the eastern part of Indonesia,” Alsons chairman and president Tomas Alcantara told reporters.
He said Sulawesi is only 45 minutes away from Davao City. Alsons previously had a presence in south Sulawesi under PT Makassar Corp.
Alcantara said the government of Indonesia was now encouraging migration to Sulawei Borneo because of the growing population in the Java Sumatra area. “The Borneo-Sulawesi-New Guinea are all both forgotten. But there is a lot of potential there, it’s highly mineralized but it is underpopulated and underdeveloped for infrastructure so for Indonesia to be able to solve the high density and overpopulation in the Sumatra Java area, their strategy is to encourage migration to the Sulawesi Borneo area,” Alcantara said.