Indonesian state-run cement giant Semen Indonesia may scrap plans to invest in Myanmar if it fails to reach a pricing agreement with its local partner, according to the Jakarta Post.
A move to another Asian country or an alternative partnership with another local firm are said to be possibilities if the prices wanted by the domestic partner are deemed too high. However, Semen Indonesia says talks between both parties are ongoing.
Meanwhile, Indonesia’s president, Joko Widodo, has decreased selling pri